According Giddens,globalization Is Not Only About Economic Interdependence,but About the Transformation

question 65

Multiple Choice

According Giddens,globalization is not only about economic interdependence,but about the transformation of ___________ in our lives.

• A)time and space
• B)reality and virtuality
• C)self and other
• D)politics and religion

---

Definitions:

First-Mover Strategy

A market approach where a company is the first to enter a specific market or industry, aiming to gain an advantage by establishing brand loyalty and erecting barriers to entry for future competitors.

Market Share

The portion of a market controlled by a particular company or product, often expressed as a percentage of total sales in that market.

Global Diversification

A strategy that involves a company expanding its operations and investments across a wide range of countries and markets to reduce risk.

Consumer Durables

Goods that are not consumed or destroyed in use and thus have a long life, such as appliances, cars, and furniture.