Examlex

Solved

Globalization Is an Important Factor in Communications but Not in Purchasing

question 41

True/False

Globalization is an important factor in communications but not in purchasing or supply chain.


Definitions:

Global Scale

Operating or considering operations and impacts over large geographic areas, often worldwide.

World Market

A global arena for the exchange of goods, services, and financial instruments among countries.

Meganational Strategy

Strategic approaches adopted by corporations to optimize their operations and market presence on a global scale, leveraging multinational presence.

Standardized Platform

A uniform technological base or set of guidelines adopted across different systems to ensure compatibility, efficiency, and consistency in operations or services.

Related Questions