Which of the Following Best Describes a Major Concern of Those

question 8

Multiple Choice

Which of the following best describes a major concern of those who believe globalization will be detrimental to social progress?

• A)Globalization will inspire a backlash against cultural exports that will reduce the capacity of MNCs to operate globally.
• B)Globalization reduces the number of choices, values, ideas, and information people are presented with.
• C)A new global civil society may fuel the growth of new NGOs and IGOs.
• D)Globalization may lead to a form of global cosmopolitanism.
• E)Globalization has demonstrated that it can inspire increased levels of violent fundamentalism.

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Definitions:

Variable Overhead

Refers to the costs of production that fluctuate with the level of output, such as utilities and materials, that do not have a fixed price associated with production levels.

Direct Labor-hours

The total hours worked by employees directly involved in the production process, used as a basis for allocating costs to products.

Variable Manufacturing Overhead

Costs that vary with production output levels, such as utilities for the production facility, which are not directly tied to specific units of production.

Materials Price Variance

The difference between the actual cost of materials used in production and the expected (standard) cost of those materials.