Outsourcing and Offshoring in Business
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Questions and Answers

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.

<p>offshoring</p> Signup and view all the answers

The release of ______ Web Browser in 1995 is a significant event in the history of globalization.

<p>Netscape</p> Signup and view all the answers

[Blank] is the process of obtaining goods or services from an external provider.

<p>outsourcing</p> Signup and view all the answers

Globalization has led to the development of ______ chaining, which involves managing and coordinating the flow of goods and services.

<p>supply</p> Signup and view all the answers

The ______ convergence refers to the coming together of three factors - enablers, collaboration, and inclusion of new countries.

<p>triple</p> Signup and view all the answers

The use of ______ messaging, email, and Skype has enabled global communication and collaboration.

<p>instant</p> Signup and view all the answers

Globalization has led to the growth of ______ such as Facebook, Twitter, and YouTube, which have changed the way people communicate and interact.

<p>social media</p> Signup and view all the answers

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