Peter Drucker Has Labeled the Expanded Global Marketplace the

question 11

Multiple Choice

Peter Drucker has labeled the expanded global marketplace the

• A) moral free space.
• B) hypercompetitive economy.
• C) transnational economy.
• D) multinational competitive sphere.

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Definitions:

Physical Changes

Alterations in the physical state or appearance of a substance or object, without changing its chemical composition.

Deterioration

The process of becoming progressively worse or the decline in quality or condition.

Mental Abilities

The cognitive capacities that include reasoning, problem-solving, planning, abstract thinking, comprehension, and learning.

Old Age

The latter part of life, typically defined as the period of life after retirement, or the ages around or beyond 65 years, characterized by changes in physical, social, and cognitive abilities.