Which of the following statements is true about globalization?
A) It refers to the direct investment in production or business in one country by a business from another country.
B) It is the degree of difference between the cultures of two nations.
C) It is the spread of businesses across national borders.
D) It refers to the stages a product or service goes through during its lifespan.
Correct Answer:
Verified
Q46: Identify an advantage of competing in international
Q47: _ is the need to tailor an
Q48: The spread of businesses across national borders
Q49: Competing in multiple markets allows firms to
Q50: Identify a true statement about local responsiveness.
A)Adapting
Q52: Which of the following factors affects the
Q53: Granting another business the permission to use
Q54: Identify a true statement about administrative distance.
A)Low
Q55: The stages a product or service goes
Q56: Identify a true statement about an arbitrage
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