The Idea That Globalization Will Flatten Differences Between Countries and Eventually

question 10

Multiple Choice

The idea that globalization will flatten differences between countries and eventually one culture will dominate is known as ______.

• A) clash of cultures
• B) convergence
• C) localization
• D) heterogenization

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Definitions:

Labor Relations

The study and practice of managing relationships between employers and their workforce, particularly in unionized contexts.

European Nations

The sovereign states located on the European continent, each with its distinct government, culture, and legal system.

Strategic Alliance

A formal agreement between two or more entities to pursue a set of agreed-upon objectives while remaining independent organizations, often used in the business world to leverage complementary strengths.

International Business Approaches

Strategies employed by companies to enter and compete in foreign markets.