Which of the following is a feature of the Globalization 2.0 stage?
A) Huge investments in fiber-optic cable networks around the world enabled companies to operate as global-collaboration networks.
B) Only sales and distribution operations took place overseas, while all the important business functions were located in the home country.
C) Two-way knowledge flowed between the local subsidiaries and their U.S. headquarters.
D) Multinational enterprises (MNEs) began to create smaller, self-contained replicas of themselves in a few key countries.

Question

Quizplus · Accepted Answer

From 1945 to the end of the 20th century, in the Globalization 2.0 stage, MNEs began to create smaller, self-contained copies of themselves, with all business functions intact, in a few key countries (notably, Western European countries, Japan, and Australia).

Which of the Following Is a Feature of the Globalization