A Trend Observed During the Globalization 3

question 106

Multiple Choice

A trend observed during the globalization 3.0 stage involves:

• A) countries around the globe becoming more self-sufficient and independent.
• B) multinational companies organizing as global-collaboration networks.
• C) privately-owned firms getting nationalized.
• D) world's market economies becoming less integrated.

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Definitions:

Cash Account

An account recording the amounts of cash received and paid out in transactions.

Credit

A financial term denoting the provision of money, goods, or services with the expectation of future payment.

Consuming Goods

The action of using up goods or products, thereby reducing inventory.

Generating Revenues

The process by which a company earns income through the sale of goods or services.