If Available,a 1% Discount for Payment Within 10 Days Instead

question 59

Multiple Choice

If available,a 1% discount for payment within 10 days instead of 30 days represents an approximate savings of ________% annually.

• A)1
• B)12
• C)18
• D)36

---

Definitions:

Glocalization

A portmanteau of globalization and localization, describing how global practices are adapted to local cultures and environments.

Homogenization

The process by which cultures, customs, or items become uniform and similar, often as a result of globalization, leading to the reduction of cultural diversity.

McWorld

A term referring to the globalization of markets, where cultural, economic, and lifestyle homogenization occurs globally.

Anti-globalization

A social movement that opposes the global integration of economies, arguing it leads to the erosion of local cultures, exploitation of workers, and environmental degradation.