Multiple Choice
Which of the following is not an effect of globalization?
A) Globalization may threaten local control of the country's economic destiny.
B) Globalization provides the potential to raise the standard of living.
C) Globalization challenges long-held cultural values about the role of business in society and the regulation of company practices.
D) Globalization provides little competition from around the world with little or no impact on local jobs and company profits.
E) Globalization allows individuals greater access to a wider range of products and services at more competitive prices.
Correct Answer:

Verified
Correct Answer:
Verified
Q16: Give three reasons domestic firms are not
Q17: Stockholder wealth maximization is generally accepted as
Q18: Which of the following definitions best describes
Q19: Identify five major reasons that explain why
Q20: The basic overriding goal of any firm,
Q21: The so-called "stakeholder" point of view advocated
Q22: Which of the following best describes an
Q23: Which of the following statements is most
Q24: Profitable domestic companies that have a competitive
Q25: Identify five major factors that distinguish domestic