Global Business Management Quiz

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Questions and Answers

Globalization is characterized by which of the following?

  • A decreasing number of diverse participants
  • A decreasing number of worldwide connections
  • Rapid and discontinuous change (correct)
  • Slow and continuous change

What is one of the effects of globalization?

  • Decreased tolerance towards other cultures
  • Homogenization of cultures (correct)
  • Decreased sharing of ideas
  • Limited spread of Western culture

What do advocates for globalization believe?

  • Globalization leads to a decrease in cultural sharing
  • Globalization exposes people to cultures and ideas, making them more tolerant (correct)
  • Globalization leads to a decrease in worldwide connections
  • Globalization leads to a decrease in tolerance towards other cultures

What do opponents to globalization worry about?

<p>Cultures becoming homogenized, especially in the spread of Western culture throughout the world (B)</p> Signup and view all the answers

What is one of the characteristics of globalization?

<p>Growing complexity (C)</p> Signup and view all the answers

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Study Notes

Characteristics of Globalization

  • Characterized by increased economic integration and interdependence of economies worldwide

Effects of Globalization

  • One of the effects is the creation of new job opportunities and increased economic growth

Advocates' Beliefs

  • Advocates believe that globalization leads to economic growth, increased competition, and innovation

Opponents' Concerns

  • Opponents worry about job losses, exploitation of workers, and negative environmental impacts

Characteristics of Globalization

  • One of the characteristics is the increased flow of goods, services, and ideas across national borders

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