Globalization Can Be Best Characterized as a Business Climate in Which

question 71

Multiple Choice

Globalization can be best characterized as a business climate in which there are ________.

• A)rigid international boundaries
• B)no international boundaries
• C)rigid rules and standards
• D)no rules or standards

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Definitions:

Block Style

In typing or word processing, a format where all parts of a document align to the left margin without indentations, commonly used in business communication.

Indented Paragraphs

Indented paragraphs involve formatting where the first line of the paragraph starts a few spaces to the right of the left margin, used for emphasis or to denote a new section or idea.

Limited Resources

Refers to the finite availability of certain resources that people use for production and living.

Economies Of Scale

The cost advantage achieved by increasing production, which typically reduces the average costs per unit through improved efficiency.