While the Lowering of Trade Barriers Made Globalization of Markets

question 46

Multiple Choice

While the lowering of trade barriers made globalization of markets and production a theoretical possibility, which of the following has made it a tangible reality?

• A)The advances in communication, information processing, and transportation technologies
• B)The rise of communism and the need for independent economies on a global scale
• C)The increasing diversity in consumer tastes and preferences worldwide
• D)The increasing differences in the material culture the world over
• E)The decreasing significance of the World Trade Organization

Understand unscientific thinking and its impact on reasoning.

Grasp the core methodological principles guiding sociological research.

Understand the principle and practice of operationalizing concepts in research.

Distinguish between various types of variables and their roles in sociological research.

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Definitions:

Direct Labor-Hours

Overall hours employees spend directly involved in the fabricating process.

Variable Overhead

Overhead costs that fluctuate with the level of production activity, such as utilities or indirect materials.

Direct Materials

Raw materials that are directly attributable and allocable to a finished product in the manufacturing process.

Direct Labor-Hours

The total hours worked directly on the manufacturing of goods.