Identify the Statement That Is False of Globalization

question 52

Multiple Choice

Identify the statement that is false of globalization.

• A)It can be defined as the process of social, political, economic, cultural, and technological integration among countries around the world
• B)It is the process of a business crossing national and cultural borders
• C)Evidence of globalization can be seen in increased levels of trade, capital flows, and migration
• D)It has been facilitated by technological advances in transnational communications, transport, and travel

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Definitions:

Outstanding Shares

The total number of shares of a corporation that are currently owned by investors, including restricted shares owned by the company's officers and insiders.

Fair Value

An estimate of the market price of an asset or liability, based on the current market conditions and the asset's characteristics.

Goodwill

The intangible asset that arises when a company acquires another for a price higher than the fair value of its net identifiable assets.

Net Assets

The difference between total assets and total liabilities on a company's balance sheet, representing the owner's equity.