A trend observed during the Globalization 3.0 stage involves
A) countries around the globe becoming more self-sufficient and independent.
B) multinational companies organizing as global-collaboration networks.
C) privately owned firms getting nationalized.
D) world's market economies becoming less integrated.

Question

Quizplus · Accepted Answer

Multinational enterprises (MNEs) in the Globalization 3.0 stage freely locate business functions anywhere in the world based on an optimal mix of costs, skills, and PESTEL factors. This has caused MNEs to become global collaboration networks that perform business functions throughout the world.

A Trend Observed During the Globalization 3