Which of the Following Statements About Globalization Is True

question 33

Multiple Choice

Which of the following statements about globalization is true?

• A) Customization becomes easy as global competitors seek production efficiencies.
• B) Globalization has led to a host of new competitors on the global stage.
• C) It is not necessary for firms to customize their products to expand globally.
• D) Globalization hasn't changed the dynamics of the workforce.

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Definitions:

Multiple Correlation

A statistical technique that measures the strength of a relationship between one dependent variable and several independent variables.

Criterion Variable

The dependent variable in a statistical analysis that the researchers are most interested in understanding or predicting.

Predictor Variables

Predictor variables are independent variables in statistical models that are used to predict outcomes or influences on a dependent variable.

Linear Regression Equation

A mathematical expression defining a direct relationship between a single dependent variable and several independent variables.