A Lot of Opponents of Globalization Are Nongovernmental Organizations (NGOs)

question 15

True/False

A lot of opponents of globalization are nongovernmental organizations (NGOs), such as environmentalists and consumer groups.

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Definitions:

Backward Integration

A business strategy where a company acquires or merges with its suppliers to control the supply chain and reduce costs.

Supply Sources

Origins or providers from which goods or services are obtained, including manufacturers, wholesalers, or distributors.

Retailer-sponsored Cooperative

A group of retailers that pool their resources together for joint purchasing, marketing, or other business operations to increase competitive advantage.

Wholesaler-sponsored Voluntary Chain

A form of retail organization in which independent retailers band together in a contractual relationship with a wholesaler to achieve economies of scale and compete with larger chains.