Podcast
Questions and Answers
Which period of globalization was dominated by producer-driven commodity or value chains?
Which period of globalization was dominated by producer-driven commodity or value chains?
- Investment-based Globalization (1950-1970) (correct)
- Trade-based Globalization (1970-1995)
- Digital Globalization (1995-Present)
- None of the above
Which country emerged as a major producer nation during the trade-based globalization period?
Which country emerged as a major producer nation during the trade-based globalization period?
- China
- India
- Brazil
- Japan (correct)
What powers do transnational companies typically give to individual foreign markets?
What powers do transnational companies typically give to individual foreign markets?
- Research and Development (R&D) control
- Marketing power (correct)
- Centralized decision-making
- Inventory controls
Which period of globalization led to the integration of corporate structures reducing the effects of time and distance?
Which period of globalization led to the integration of corporate structures reducing the effects of time and distance?
During which period did European firms adopt new models of production focused on quality and flexible production?
During which period did European firms adopt new models of production focused on quality and flexible production?
What characteristic defines firms operating in the investment-based globalization period?
What characteristic defines firms operating in the investment-based globalization period?
What is the main focus of globalization?
What is the main focus of globalization?
What does Internationalization mainly involve?
What does Internationalization mainly involve?
Which factor does globalization highly depend on?
Which factor does globalization highly depend on?
What is a main effect of Internationalization?
What is a main effect of Internationalization?
Which statement best describes the rise of Global Corporation according to the text?
Which statement best describes the rise of Global Corporation according to the text?
What does Globalization result in?
What does Globalization result in?
What is one of the key factors that facilitated the growing integration of the world economy?
What is one of the key factors that facilitated the growing integration of the world economy?
Which of the following is NOT mentioned as a man-made barrier that has been steadily lowered to promote international exchange?
Which of the following is NOT mentioned as a man-made barrier that has been steadily lowered to promote international exchange?
What is the primary difference between globalization and internationalization?
What is the primary difference between globalization and internationalization?
According to most economists, what impact has globalization had on living standards worldwide?
According to most economists, what impact has globalization had on living standards worldwide?
What is the main purpose of internationalization in business?
What is the main purpose of internationalization in business?
Which of the following is NOT mentioned as a result of ongoing debates surrounding greater economic integration?
Which of the following is NOT mentioned as a result of ongoing debates surrounding greater economic integration?
