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Which term refers to a social class in which membership is determined by birth and remains fixed for life?
Weak Labour Laws
A situation where labor laws are insufficient to protect the rights of workers, often leading to exploitation or unsafe working conditions.
Global Management
The management of business and organizations with interests in more than one country.
Globalization
The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to increased interconnectedness and interdependence of the world's markets and businesses.
Transnational Interdependence
The mutual dependency between countries, especially in areas of trade, investment, and business operations across borders.
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