Which of the Following Is a Consequence of Globalization

question 25

Multiple Choice

Which of the following is a consequence of globalization?

• A) decreasing interdependence between national economies
• B) increasing outsourcing of services
• C) differentiating of material culture
• D) increasing barriers to cross-border trade

Estimate demand using historical data and probability distributions.

Understand the concept of order policies and their effect on inventory levels.

Identify and calculate lost sales in given scenarios.

Apply Monte Carlo simulation to determine demand in different scenarios.