Globalization of Resource Markets Has Resulted in the Business Practice

question 268

Multiple Choice

Globalization of resource markets has resulted in the business practice of offshoring, which involves

• A) only an outflow of jobs away from the U.S.
• B) no possible expansion of jobs in the U.S.
• C) huge losses to consumers in the U.S.
• D) both an outflow as well as an inflow of jobs in the U.S.

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Definitions:

Percentile Score

A score that indicates the relative standing of an individual in a particular population, showing the percentage of scores that fall below a specific point.

Construct Validity

The extent to which a test measures what it claims to be measuring, ensuring the theoretical constructs are accurately reflected in the testing process.

Low Reliability

A property of measurement indicating inconsistency or lack of uniformity in the results obtained.

Reliability Estimates

Measurements or calculations used to assess the consistency of results produced by a test, survey, or measurement tool over time.