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Questions and Answers
Which trend is one of the most dynamic trends affecting current global business strategies?
Which trend is one of the most dynamic trends affecting current global business strategies?
- The trend toward establishing a world currency
- The trend toward using English as the global language
- The trend toward the acceptance of the free market system among developing countries (correct)
- The trend toward buying American cars in Europe
What event spurred the final downfall of the U.S. economy in 2008 when world trade experienced its deepest decline in more than 50 years?
What event spurred the final downfall of the U.S. economy in 2008 when world trade experienced its deepest decline in more than 50 years?
- The U.S. and Cuba joined forces
- The stock market ended at a record high
- The housing market collapsed (correct)
- The Senate and House failed to compromise on interest rates
How has globalization impacted domestic markets in the United States?
How has globalization impacted domestic markets in the United States?
- Domestic companies have lost their competitive edge in the global market (correct)
- Companies with only domestic markets have been able to sustain their customary rates of growth
- Domestic companies have experienced a decline in their market share
- Multinational companies are making more profit from their domestic markets
What is one of the trends that is NOT affecting current global business strategies?
What is one of the trends that is NOT affecting current global business strategies?
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What event did NOT contribute to the final downfall of the U.S. economy in 2008?
What event did NOT contribute to the final downfall of the U.S. economy in 2008?
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