According to the Textbook, in Terms of People's Working Lives

question 77

Multiple Choice

According to the textbook, in terms of people's working lives, globalization makes it more likely that an individual will experience:

• A) a labor market that values skills in manual labor.
• B) a career in the manufacturing industry.
• C) working for one company over the course of his or her life.
• D) a self-made career path, with several employment changes over his or her lifetime.

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Definitions:

Startup Capital

Funds that are required to start a new business, typically used for initial operational costs.

Corporate Venture Capitalists

Investors affiliated with a corporation that provides capital to startup companies with potential for high growth, often in exchange for equity and with strategic interests in mind.

Risk-Averse

A characteristic of preferring to avoid risk, opting for safer, more certain outcomes over potentially higher yet uncertain returns.

Promising Young Companies

Emerging businesses that show potential for significant growth and success in their industry.