Which of the Following Statements Is True of Globalization

question 44

Multiple Choice

Which of the following statements is true of globalization?

• A) It fails to involve smaller firms.
• B) It encourages the maintenance of the status quo.
• C) It does not create threats to anybody.
• D) It does not allow employees to provide services although most economies have become very efficient at producing physical goods.
• E) It represents that a company's talent can come from anywhere.

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Definitions:

Responsiveness

The quality of reacting quickly and positively; in a business context, it often refers to the speed and efficiency with which an organization responds to customers or changes.

Operations Technology

Is the combination of resources, knowledge, and techniques that creates a product or service output for an organization.

Artifacts

Objects created by humans that are typically of cultural or historical interest.

Adhocracy

Emphasizes shared, decentralized decision making; extreme horizontal specialization; few levels of management; the virtual absence of formal controls; and few rules, policies, and procedures.