Critical Thinking -Do You Think That the Numbers Overlap in the Accompanying

question 35

Essay

Critical Thinking

-Do you think that the numbers overlap in the accompanying graph, which illustrates the percentage of the world's population who lack access to basic amenities? Why or why not?

---

Definitions:

Cost Leadership Strategy

A business strategy aimed at becoming the lowest cost producer in an industry, often leading to competitive pricing.

Rivals

Individuals, teams, or entities competing against each other, striving for the same objective or superiority in the same field.

Global Integration

The process of interconnecting the world's economies, cultures, and populations through cross-border trade and communication.

Global Competitors

Companies or entities that compete with one another in various markets around the world.