The Approach That Examines How Networks of Labor, Production, and Consumption

question 10

Multiple Choice

The approach that examines how networks of labor, production, and consumption span the entire world is called:

• A) McDonaldization.
• B) national franchising.
• C) industrialization.
• D) global commodity chains.

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Definitions:

Organizational Growth

The process of a business expanding through increases in revenue, employees, customer base, or market share.

Simple Structure

An organizational framework characterized by minimal hierarchical levels and straightforward, clear lines of authority and communication.

Organizational Growth

The process of an organization enlarging or expanding its operations, activities, and impact.

Diversification

A strategy of reducing risk by owning a variety of investments or business operations across different industries or categories.