The globalization of business is reflected in all of the following except
A) the international convergence of consumer tastes.
B) the increase in barriers to international trade.
C) the emphasis on global marketing-management training.
D) increasing domestic competition from foreign producers.

Question

Quizplus · Accepted Answer

The globalization of business generally involves reducing barriers to international trade, not increasing them. Choices A, C, and D are all effects of globalization, such as the convergence of consumer tastes, emphasis on global marketing strategies, and increased competition from foreign producers, respectively.

The Globalization of Business Is Reflected in All of the Following