Asked by Maddi Coones on Jul 08, 2024
Verified
___ refers to the process of growing interdependence among resource supplies, product markets, and business competition on a worldwide basis.
A) International management
B) Transnational interdependence
C) Globalization
D) Global management
E) The multinational economy
Globalization
The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to increased interconnectedness and interdependence of the world's markets and businesses.
Transnational Interdependence
The mutual dependency between countries, especially in areas of trade, investment, and business operations across borders.
Multinational Economy
A global economic system characterized by the interaction and integration of national economies through trade, investment, and technology exchange.
- Understand the concept and drivers of globalization in business.
Verified Answer
Learning Objectives
- Understand the concept and drivers of globalization in business.
Related questions
The Worldwide Interdependence of Resource Supplies, Product Markets, and Business ...
The Global Economy Is Characterized by the ___ ...
According to the Textbook, Which of the Following Is Necessary ...
According to the Textbook, Why Is Canadian Trade with South ...
In North America, Which of the Following Processes Began with ...