The Most Common Complaint About Globalization Is That

question 43

Multiple Choice

The most common complaint about globalization is that

• A) countries no longer can survive without participating in it.
• B) those who are already rich have become even more wealthy while everyone else suffers the effects of exploitation.
• C) local and regional products and customs are overrun by American corporatization.
• D) participation requires universal support of beneficiary groups such as low-income families and the elderly.

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Definitions:

Constrained Resource

Refers to the limited capacity or resources a company has which can restrict its ability to produce goods or services.

Profitable Use

The effective and efficient utilization of resources or assets to generate maximum profit.

Special Order Units

Items that are produced or ordered specifically for a particular customer, which may have different pricing or costing compared to regular orders.

Annual Financial Advantage

The benefit gained in financial terms over the course of a year, which may result from increased revenues, decreased costs, or other financial improvements.