Globalization May Have Both Positive and Negative Implications for People

question 39

True/False

Globalization may have both positive and negative implications for people working in organizations.

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Definitions:

Intellectual Capital

is the intangible value of an organization's knowledge, experience, and intellectual assets, contributing to its competitive edge.

Intellectual Property Laws

Legal regulations that protect creators' rights over their inventions, works, symbols, names, and images created by the mind.

World Trade Organization

An international body that deals with the global rules of trade between nations, aiming to ensure that trade flows as smoothly, predictably, and freely as possible.

Supplier Sustainability

The practice of evaluating and choosing suppliers based on their environmental and social performance, in addition to their economic considerations.