How Will an Increase in Coordinated Economic and Political Integration

question 1

Multiple Choice

How will an increase in coordinated economic and political integration between countries affect the world economy?

• A) The world's market economies will become self-sufficient and independent.
• B) There will be gains in social welfare and living standards across the globe.
• C) The cost of labor will further decline in emerging economies.
• D) There will be a movement away from global collaboration networks among multinational enterprises (MNEs).

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Definitions:

Empowerment

The process of giving individuals or groups more control over their activities and the decision-making process in their work environment.

Employee Motivation

The level of enthusiasm, energy, and commitment employees exhibit towards their roles and organizational goals.

Conflict Reduction

The process of minimizing the level of discord or disagreement within a group or between individuals.

Trust In Management

The confidence employees have in their organizational leaders to act in the employees' best interests and make decisions that benefit the company.