A Paradox of Globalization Is That

question 41

Multiple Choice

A paradox of globalization is that

• A) only Western states have experienced economic growth because they have the largest economies.
• B) no Western state has experienced a high degree of growth despite having the largest contribution of globalizing forces.
• C) some non-Western states have experienced high rates of economic growth despite having non-Western views of the state.
• D) no non-Western state has benefitted from globalization despite being the source of many consumer goods.

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Definitions:

Contribution Margin

What’s left of the sales proceeds once variable expenditures are taken out.

Direct Labor

The labor costs directly attributed to the production of goods or services; it includes wages paid to workers physically making a product.

Constrained Resource

A limited resource in a production process that can restrict the company's ability to produce goods, impact scheduling, and ultimately affect throughput.

Current Profitability

A measure of how much profit a company is generating at the current time, often used to assess financial health.