Which of the following statements about the IT industry is FALSE?
a. Shifts in the IT industry are common under globalization.
b. Today, the IT industry itself is being replaced increasingly by local technological pods.
c. During the 1980s and part of the 1990s, many Indians came to work in Silicon Valley.
d. India now has a more vibrant and higher-paying IT industry than Silicon Valley.
e. Today, there is a reverse brain drain as many U.S. graduates go to India to work in the IT industry.
Question 2
Globalization is defined by _____.
a. a revolution in high-speed wifi connectivity
b. deregulating national economies
c. the raising of tariff barriers worldwide
d. the rise of fundamentalism in some countries
e. the middle- and upper-class societies that can benefit from global changes