Identify a True Statement About Globalization

question 3

Multiple Choice

Identify a true statement about globalization.

• A)Globalization is an internal force for change that originates within an organization.
• B)Globalizing an organization requires changes in the minds of employees.
• C)Globalizing an organization does not require structural changes.
• D)Globalization decreases workforce diversity in organizations.

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Definitions:

Financial Advantage

The benefit or edge obtained by a business or individual that puts them in a better financial position than others.

Variable Costs

Costs that shift in direct correlation with production or sales figures, notably direct labor and raw materials.

Allocated General Overhead

involves distributing indirect costs across different departments or products to reflect their share of resources used.

Financial Advantage

The benefit gained in financial terms, which may come from different sources such as cost savings, increased revenue, or investment returns.