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One aspect of globalization is uneven development. Explain what this means and how it affects the world. Provide an example from the class.
Differential Cost
The difference in total cost that will result from selecting one alternative over another in decision-making processes.
Unit Cost
The cost incurred to produce, store, or purchase one unit of a product or service.
Modifying Style
Refers to altering the presentation or appearance of a document or webpage through changes in formats, layouts, or designs.
Make-Or-Buy Options
Decision-making process in businesses regarding whether to produce a product or service in-house or to purchase it from an external supplier.
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