10 Questions
Globalization has led to an increase in ______ through TV and movies, international travel and immigration, and ethnic foods.
multiculturalism
The fall of the ______ Wall in 1989 is a key factor enabling Globalization 3.0.
Berlin
Low-cost ______ platforms and communication technologies are a technological change driving globalization.
computing
[Blank] is the practice of transferring work to a company located in another country.
offshoring
The release of ______ Web Browser in 1995 is a significant event in the history of globalization.
Netscape
[Blank] is the process of obtaining goods or services from an external provider.
outsourcing
Globalization has led to the development of ______ chaining, which involves managing and coordinating the flow of goods and services.
supply
The ______ convergence refers to the coming together of three factors - enablers, collaboration, and inclusion of new countries.
triple
The use of ______ messaging, email, and Skype has enabled global communication and collaboration.
instant
Globalization has led to the growth of ______ such as Facebook, Twitter, and YouTube, which have changed the way people communicate and interact.
social media
This quiz covers the concept of outsourcing and offshoring in business, including the reasons why organizations adopt these practices, such as reducing costs, gaining access to world-class capabilities, and increasing revenue potential.
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