The Shift Toward a More Integrated and Interdependent World Economy

question 103

Multiple Choice

The shift toward a more integrated and interdependent world economy is referred to as _____.

• A) outsourcing
• B) international marketing
• C) privatization
• D) globalization

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Definitions:

Teamwork

The collective work of a team directed towards attaining a shared objective or finishing a task in the most productive and efficient manner.

Conflict Resolution

The process of resolving a dispute or disagreement between parties through negotiation, mediation, or other peaceful methods.

Job-specific Skills

Abilities and knowledge required to perform particular tasks in a job efficiently.

Technical Competence

The ability and skills to perform specific tasks and functions related to a specific field of work or study.