Which of the Following Is Not a Benefit of the Globalization

question 3

Multiple Choice

Which of the following is not a benefit of the globalization of industries?

• A)Production of goods worldwide
• B)Broader access to manufactured goods
• C)Broader access to services
• D)Wider access to investment funds
• E)Reduced competition

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Definitions:

Variation

The degree to which data points in a statistical distribution or dataset differ from each other and from the mean of the set.

Specification Limits

Pre-determined upper and lower bounds within which a product or process's performance is considered acceptable.

Standard Deviations

An indicator of the degree of spread or variability in a collection of data points, showing how much the values differ from the average.

Sample Proportion

An estimate of the proportion within the entire population that possesses a particular attribute, derived from a subset of the population.