Globalization and the Trend Toward a Decreasingly Networked World Economy

question 10

True/False

Globalization and the trend toward a decreasingly networked world economy will become more pronounced within the next five years.

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Definitions:

Sanctions

Penalties or other means of enforcement used to encourage compliance with laws or regulations.

Norms

Shared beliefs or standards of acceptable behavior within a group or society.

Worst-case Scenario

The most severe or unfavorable outcome that may happen in a given situation.

Performance Norms

Standards and expectations set within a group or organization that dictate the level of performance and behavior of its members.