American Critics of Globalization Contend That It Has

question 75

Multiple Choice

American critics of globalization contend that it has:

• A) increased the price of U.S. goods.
• B) slowed the pace of technological advancement.
• C) led to significant losses in U.S. manufacturing jobs.
• D) flooded the free market with goods that Americans do not want.
• E) forced Americans to pay higher interest rates and businesses to pay higher taxes.

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Definitions:

Functional Manager

A manager responsible for a specific business function or department within an organization, such as marketing, finance, or production.

Divisional Departmentalization

Organizational structure where operations are divided into semi-autonomous units based on product, service, or market.

Technological Advancement

The progress or development in technology, leading to new inventions, improvements, and the creation of novel products or processes.

Organizational Change

The process by which organizations transform their structures, strategies, policies, processes, or culture to adapt to internal and external pressures.