Globalization Is a Phenomenon That Took Most Industries by Surprise

question 34

True/False

Globalization is a phenomenon that took most industries by surprise.

---

Definitions:

Market Equilibrium

Market equilibrium is a condition where supply equals demand for a product, resulting in stable prices.

Dual-Class Shares

Equity structures in which one class of shares offers more voting rights than another, typically to concentrate voting power with a certain group or founder.

Minority Shareholder

An investor who owns less than 50% of a company's shares and therefore does not have control over company decisions but may still enjoy rights such as receiving dividends.

DCF Stock Valuation Model

A method to estimate the value of a stock by using predicted cash flows and discounting them to present value.