Which of the Following Is an Adverse Consequence of Globalization

question 81

Multiple Choice

Which of the following is an adverse consequence of globalization?

• A) Nationalization of private sector holdings
• B) Lower and more competitive oil prices
• C) Reduced variety and quality of goods and services
• D) Worker exploitation and domestic job losses
• E) Provision of loans from the World Bank

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Definitions:

Participation Problems

Issues or challenges associated with involving individuals or groups effectively in decision-making processes within an organization.

Performance Decrement

A cost resulting from poor quality or low quantity of production, grievances, and unscheduled machine downtime and repair.

Compensation Awards

Payments or benefits given to employees or individuals as recognition for their work, achievements, or to cover costs incurred from injuries or losses.

Compensation Awards

Financial or non-financial rewards given to employees in recognition of their work performance, contributions, or achievements.