Which of the Following Is NOT a Benefit of Economic

question 6

Multiple Choice

Which of the following is NOT a benefit of economic globalization?

• A) Economic rewards
• B) Opportunities for host communities to benefit from foreign exchange
• C) Enhanced livelihoods of destination communities
• D) Increased power in the hands of a small number of travel organizations

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Definitions:

Age of Globalization

A period characterized by the rapid exchange of goods, services, information, and cultural practices across international borders, facilitated by technological advancements.

Corporate Social Responsibility

A business model where companies integrate social and environmental concerns in their operations and interactions with their stakeholders.

Downsizing Strategy

A corporate strategy involving the reduction of a company's workforce to improve its financial performance or efficiency.

Revenue-based Rationales

Justifications or reasons for business decisions that are primarily focused on increasing or affecting revenue streams.