Which of the following is a macro factor underlying the trend toward greater globalization?
A) Rise of communism across the globe
B) Increasing nationalization of private organization
C) Increasing diversity in the tastes and preferences of consumers in different nations
D) Increasing trade regulations across the globe
E) Dramatic developments in recent years in information processing and other technologies

Question

Quizplus · Accepted Answer

The dramatic developments in information processing and other technologies have made it easier and faster to communicate across borders, transfer goods and services, and coordinate global supply chains. This factor has been significant in enabling greater globalization. The other choices do not fit the definition of a macro factor for globalization.

Which of the Following Is a Macro Factor Underlying the Trend