Which of the Following Statements Is True of Globalization

question 16

Multiple Choice

Which of the following statements is true of globalization?

• A)Global business involves a single government and a single legal system.
• B)Globalization gives less importance to changes in the minds of employees.
• C)Globalization is an internal force for change in organizations.
• D)Globalizing an organization means rethinking the most efficient ways to use resources.

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Definitions:

Net Present Value (NPV)

A method used in capital budgeting to assess the profitability of an investment or project by calculating the difference between the present value of cash inflows and outflows.

Capital Cost Allowance (CCA)

A yearly deduction or depreciation on the cost of certain assets that can be claimed for tax purposes in Canada.

Operating Cash Flow

Cash generated from the core business operations of a company, excluding financing and investment activities.

Sensitivity Analysis

A method employed to understand the effect of varying independent variable values on a specific dependent variable, considering certain assumptions.