Globalization Has Led To

question 130

Multiple Choice

Globalization has led to:

• A) lower operational efficiency as firms must transport raw materials and finished goods farther.
• B) increasing loyalty of customers for products made domestically.
• C) declining returns from investment in research and development.
• D) higher performance standards including quality and cost.

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Definitions:

Light Modernity

A term that is not commonly used in academic or popular discourse and might reflect a specific aspect or interpretation of modernity focusing on its less heavy or serious characteristics. NO.

Solid Modernity

A concept that describes a phase of modernity characterized by stable institutions, continuous economic growth, and a clear-cut social structure.

Organizational Meaning System

The collective beliefs, values, and practices that constitute how meaning is constructed and understood within an organization.

Corporate Efforts

Initiatives, actions, or strategies undertaken by a corporation to achieve specific objectives, enhance its performance, or improve stakeholder satisfaction.