All of the Following Are Characteristics of the Global Economy

question 114

Multiple Choice

All of the following are characteristics of the global economy EXCEPT:

• A) the increasing importance of developing countries as sources of revenue growth.
• B) the free movement of goods, services, people, skills, and ideas across geographic borders.
• C) the increased use of tariffs to protect industries.
• D) higher levels of opportunities and challenges in new geographic markets.

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Definitions:

Corporate Culture

The shared values, beliefs, attitudes, and norms that characterize an organization and guide its practices and behaviors.

Informal Relationships

Personal or casual associations that develop without formal structures or rules, often based on social interactions or acquaintanceships.

Integrity

The characteristic of being truthful and upholding solid ethical standards, or the condition of being intact and unified.

Core Values

The fundamental beliefs or guiding principles that shape an individual's actions or an organization's culture and identity.