The Global Supply Chain Revolution

Which factor has contributed to the emergence of global supply chains?

What has facilitated the growth of international trade?

What has allowed multinational corporations to source raw materials and labor from around the world?

What has led to increased efficiency and lower prices for consumers?

What has allowed countries to specialize in the production of goods and services?

Which of the following factors has NOT contributed to the promotion of globalization?

Which of the following has made it easier and cheaper to move goods, people, and ideas across borders?

What has facilitated the growth of international trade and investment?

What has played a significant role in promoting globalization?

What has led to increased efficiency and lower prices for consumers?

Which of the following has contributed to the growth of cultural exchange and the spread of ideas and knowledge?

What has led to increased financial interconnectedness around the world?

Which factor has facilitated the growth of global governance and the coordination of policies across borders?

What has allowed investors to move money quickly and easily around the world?

Which of the following has NOT contributed to the growth of cultural exchange and the spread of ideas and knowledge?

Which of the following is an example of protectionism?

What are the potential outcomes of protectionist policies?

What are labor standards?

How can companies benefit from lax labor laws in some countries?

What is one of the challenges businesses face in ensuring ethical labor standards in global supply chains?