Which of the Following Has Been a Key Driver for Firms

question 90

Multiple Choice

Which of the following has been a key driver for firms to expand globally during the Globalization 3.0 stage?

• A) benefits from lower labor costs in manufacturing and services
• B) free use of formerly protected intellectual property
• C) increasing trade barriers that protect businesses
• D) exporting newly available raw materials, such as rubber and coal

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Definitions:

External Information

Data or knowledge obtained from sources outside an organization or system.

Sales Personnel

Individuals involved in selling products or services to customers, often directly interacting with them to close sales and meet revenue targets.

Antecedent State

The situational conditions or moods affecting an individual's cognitive processes and decision-making prior to engaging in a particular action or behavior.

Internal Search

The cognitive process by which an individual retrieves knowledge or past experiences to inform current decision-making.