mgt 303 Chapter 4 Quiz 4
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- 18 May 2022
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mgt 303 Chapter 4 Quiz 4
Becoming a world citizen includes
learning how not to be an "ugly American."
Globalization is the trend of the
world economy toward becoming a more interdependent system.
The shrinking of time and space
making it easier for people to communicate is referred to as the global
village.
The term "global village"
refers to the tendency for all cultures to become more alike.
"E-commerce" refers to the
buying and selling of products and services through computer networks.
The term "global economy"
refers to the decreasing tendency of the economies of the world to interact
with one another as one market instead of many national markets.
The term "global economy"
refers to the increasing tendency of the economies of the world to erect
barriers to free trade.
Global interdependence can be
dangerous.
The global economy has been
completely beneficial to the U.S.
The new globality means a tremendous
emphasis on speed, flexibility, versatility, and permanent change.