Globalization occurs when an organization
A)serves diverse customers within the firm's home country.
B)actively participates in other countries and cultures.
C)removes all trade barriers retraining international exchange.
D)serves diverse customers within the firm's home country and has a diverse workforce within the firm's home country.
E)has a diverse workforce within the firm's home country.

Question

Quizplus · Accepted Answer

Globalization refers to the active participation of organizations in other countries and cultures, including international trade and exchange. Options A, D, and E do not fully capture the concept of globalization as they focus on diversity within the home country rather than the organization's engagement with other countries. Option C is incorrect as it implies the removal of all trade barriers, which is not always the case in globalization.

Globalization Occurs When an Organization