Globalization can be best characterized as a business climate in which there are ________.
A)rigid international boundaries
B)no international boundaries
C)rigid rules and standards
D)no rules or standards

Question

Quizplus · Accepted Answer

Globalization refers to the increasing interconnectedness and interdependence of the world's economies, cultures, and populations, resulting in the free flow of goods, services, and ideas across national borders. Therefore, globalization is characterized by the absence of rigid international boundaries or barriers to trade and communication.

Globalization Can Be Best Characterized as a Business Climate in Which