Author Question: The fourth phase of globalization is characterized by ________. A) the rise of railroads and ... (Read 119 times)

sarasara · **on:** Jul 7, 2018

The fourth phase of globalization is characterized by ________.

A) the rise of railroads and ocean transport
B) the reduction of barriers to trade by Western industrialized countries
C) the initiation of the Marshall Plan to reconstruct Europe
D) the enormous growth of cross-border trade and investment

Question 2

Which of the following, if true, most supports the argument in favor of global sourcing?

A) There is no scarcity of qualified personnel in and around Boston.
B) Studies show that by reconfiguring their value-chain systems or reengineering their business processes, companies can substantially improve their production efficiency and resource utilization.
C) Camden Audio, Echo's most formidable rival, follows a strategy of product diversification.
D) The rate of employee turnover at Echo has stabilized over the last decade.