Of All the Events and Trends Affecting Global Business Today

question 80

Multiple Choice

Of all the events and trends affecting global business today, four stand out as the most dynamic. Which of the following would be one of those events?

• A) The trend toward buying American cars in Europe.
• B) The trend toward the acceptance of the free market system among developing countries.
• C) The trend toward using English as the global language.
• D) The trend toward establishing a world currency.
• E) The trend toward worldwide instant communication.

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Definitions:

Rite of Passage

Ceremonial events or rituals that mark an individual's transition from one status to another within a society, such as from childhood to adulthood, marriage, or death.

Period of Isolation

A duration during which an individual or group is separated from others, either physically or socially.

Transition

The process or a period of changing from one state or condition to another.

Rites of Passage

Ceremonies or rituals marking important transitional periods in a person's life, such as birth, puberty, marriage, and death, often signifying a change in social status.