Which of the Following Statements About Global Competition Is Least

question 75

Multiple Choice

Which of the following statements about global competition is least accurate?

• A) Only medium and large companies compete globally.
• B) Many traditional U.S. companies generate more profit abroad than locally.
• C) Saturated local markets have encouraged companies to search for emerging markets around the world.
• D) Successful communication in global markets requires developing new skills and attitudes.

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Definitions:

Divergent

Pertains to tectonic plate boundaries that move away from each other, leading to the creation of new crust as magma rises to fill the gap.

Convergent

Pertaining to a tectonic boundary where two or more lithospheric plates move toward each other, commonly resulting in mountain formation, earthquakes, and volcanic activity.

Transform

Relates to a type of plate boundary where two tectonic plates slide past each other horizontally, often causing earthquakes.

Mid-Ocean Ridges

Underwater mountain ranges formed by plate tectonics, where new oceanic crust is created by volcanic activity along divergent plate boundaries.