Globalization of Industries Is Occurring for All of These Reasons

question 62

Multiple Choice

Globalization of industries is occurring for all of these reasons except:

• A) a worldwide trend toward similar consumption patterns.
• B) the emergence of global buyers.
• C) a worldwide trend toward different consumption patterns.
• D) e-commerce and the instant transmission of money and information across continents.
• E) the emergence of global sellers

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Definitions:

Equivalence

The state of being equal in value, function, or meaning.

Psychic Value

The importance or significance that an individual attaches to objects, events, or relationships as per their emotional or unconscious investment.

Desires

Strong feelings of wanting or wishing for something to happen or be the case.

Beliefs

Beliefs are convictions or acceptances that something exists or is true, especially without proof.