Globalization Has Been Supported in the United States Because

question 2

Multiple Choice

Globalization has been supported in the United States because

• A) the industrial machine is dependent on the importation of raw materials.
• B) it should reduce the number immigrants entering the country.
• C) it creates new jobs in developing countries through outsourcing.
• D) foreign competition will lead to job creation in the United States.
• E) corporate profits depend upon the importation of consumer goods.

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Definitions:

Incentive Schemes

Programs designed to motivate and compensate employees, often tied to performance criteria to enhance productivity and achieve corporate goals.

Ethical Behaviour

Conduct that is in accordance with accepted principles of right or wrong governing the conduct of a profession or individual.

Whistle Blowers

Individuals who expose information or activity within a private, public, or government organization that is deemed illegal, unethical, or not correct.

Limited Liability

Limited Liability refers to the legal structure of a corporation where shareholders' financial responsibility is limited to the amount they invested in the company, protecting personal assets from company debts and liabilities.