The emergence of world markets for standardized products and services and scale economies in production, distribution, marketing and management is a result of what trend:
A) The modernization movement
B) The globalization movement
C) The westernization movement
D) None of the above

Question

Quizplus · Accepted Answer

The globalization movement is responsible for the emergence of world markets for standardized products and services and scale economies in production, distribution, marketing, and management. This trend reflects the increasing interconnectedness and interdependence of the world's economies, leading to a more uniform global marketplace.

The Emergence of World Markets for Standardized Products and Services