One of the Key Reasons That the Internet Enhances Globalization

question 29

Multiple Choice

One of the key reasons that the Internet enhances globalization is that

• A) computer components can be made inexpensively overseas.
• B) music can be downloaded anywhere in the world.
• C) rapid communication with business partners around the world is feasible.
• D) you can download for free language translators from the Internet.

Understand the concept and impact of corporate sponsorships and naming rights in sports.

Recognize the significance of tourism to the global economy and its employment opportunities.

Appreciate the role of PR in promoting tourism destinations and experiences.

Acknowledge the benefits of corporate social responsibility (CSR) efforts in PR campaigns.

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Definitions:

May Wages

The total payroll expenses incurred for labor during the month of May.

FICA-Social Security Tax

A federal tax in the United States collected from both employees and employers to fund the Social Security program.

FICA-Medicare Tax

The portion of the Federal Insurance Contributions Act tax that funds Medicare, deducted from employees' wages and also paid by employers.

Federal Income Tax

The tax levied by the IRS on the annual earnings of individuals, corporations, trusts, and other legal entities.