What Is the Main Reason That Globalization 2

question 22

Multiple Choice

What is the main reason that Globalization 2.0 practices have faded over time?

• A) Substantial FDI for the duplication of home-based business functions induced a waste of resources.
• B) Decoupled strategic business units induced a higher cost of coordination.
• C) Distrusting relationships with suppliers induced an increased cost of procurements.
• D) A lack of understanding of local cultures caused a higher cost in distribution and sales.

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Definitions:

Collaboration

The act of working together with others to complete a task or achieve a common goal.

Organization

The act of structuring or arranging parts or elements of something cohesively, often to achieve specific goals or purposes.

Problem Solving

Creating or identifying potential answers or solutions to a question or problem.

Professional Development Plan

A structured plan created by an individual to outline goals, skills to be acquired, and steps to achieve professional growth.