Which of the following is true of globalization?

A) Global business carries unique risks not found by firms competing within a single nation.
B) Globalization decreases workforce diversity in organizations.
C) Globalization decreases competition among firms.
D) Global business involves a single government and a single legal system.

Unique Risks

Specific threats or vulnerabilities that are distinct to an individual, organization, project, or activity.

Competition Among Firms

The rivalry between businesses in the same industry for customers, market share, or resources, driving innovation and efficiency.

Global Business

Involves engaging in commerce at an international level, dealing with various strategies, operations, and transactions across countries beyond domestic boundaries.