Globalization Is Defined By

question 47

Multiple Choice

Globalization is defined by:

• A) a revolution in high-speed information technology.
• B) privatizing and deregulating national economies.
• C) the lowering of tariff barriers worldwide.
• D) the rise of fundamentalism in some countries.
• E) all of these choices.

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Definitions:

Organizations

Organizations are structured groups of people who work together to achieve common goals or fulfill a specific function.

Major Components

Essential elements or parts that constitute the foundation or structure of a system, process, or object.

Compensation System

The combination of salary, wages, and benefits that an employer provides to employees in exchange for their work.

Flexible Work Schedules

Work arrangements that allow employees to vary their arrival and departure times, as well as work locations, to accommodate personal needs and improve work-life balance.