mgt 303 Chapter 4 Quiz 4

mgt 303 Chapter 4  Quiz 4

Becoming a world citizen includes learning how not to be an "ugly American."

 

Globalization is the trend of the world economy toward becoming a more interdependent system.

 

The shrinking of time and space making it easier for people to communicate is referred to as the global village.

 

The term "global village" refers to the tendency for all cultures to become more alike.

 

"E-commerce" refers to the buying and selling of products and services through computer networks.

 

The term "global economy" refers to the decreasing tendency of the economies of the world to interact with one another as one market instead of many national markets.

 

The term "global economy" refers to the increasing tendency of the economies of the world to erect barriers to free trade.

 

Global interdependence can be dangerous.

 

The global economy has been completely beneficial to the U.S.

 

The new globality means a tremendous emphasis on speed, flexibility, versatility, and permanent change.