Which of the Following Is True of Globalization?​

question 57

Multiple Choice

Which of the following is true of globalization?​

• A)​Globalizing an organization requires only structural changes in organizations.
• B)​Globalization gives less importance to changes in the minds of employees.
• C)​Globalization is an internal force for change in organizations.
• D)​Globalizing an organization means rethinking the most efficient ways to use resources.

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Definitions:

Equity Method

An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and subsequently adjusted for the investor's share of the investee's profits or losses.

Voting Stock

Shares of a company that grant the shareholder the right to vote on corporate matters and elect the board of directors.

Net Loss

Net loss occurs when a company's expenses exceed its revenues during a specific accounting period, resulting in a negative profit.

Dividend Revenue

Income received by investors from owning shares in a company, typically paid out from the company's profits.