Globalization 2.0 Was Characterized By

question 68

Multiple Choice

Globalization 2.0 was characterized by:

• A)the growth of European mercantile stock companies.
• B)major software advances.
• C)how much industrial power countries could produce and apply.
• D)advances in global electronic interconnectivity.
• E)nations dominating global expansion.

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Definitions:

Tax Firm

is a company that specializes in offering tax services, including tax preparation, consultation, and filing for individuals and organizations.

Cost Center

A department or a section of a business that incurs costs but does not directly generate revenues.

Generates Revenues

The process by which a company engages in activities to bring in income from its business operations.

Gross Profit

The difference between revenue and the cost of goods sold before deducting overheads, payroll, taxes, and interest payments.