Economic Globalization Is

question 100

Multiple Choice

Economic globalization is

• A) good.
• B) bad.
• C) speeding up due to falling communication costs.
• D) speeding up due to new government barriers to trade.
• E) slowing down due to rising transportation costs.

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Definitions:

Expansion

The process of increasing the size, scope, or scale of operations of a business or organization, often into new markets or areas.

Same Business Area

Describes businesses that operate within the same sector or industry, often sharing similar market characteristics or target customers.

Restructuring Strategy

A corporate management tactic involving significant organizational changes such as mergers, acquisitions, or downsizing to improve profitability and efficiency.

Weaknesses

Areas of deficiency or lack of strength that can hinder performance or achievement in various contexts.