Question

It is most accurate to say that globalization Multiple Choice

A. has greatly changed companies that hire people to sell products, but not companies that hire people to provide services. B. has greatly improved llving standards around the world
C. has significantly reduced living standards around the world.
D. has opened doors to only a handful of markets.

Answer 1

Globalization is the process of increasing interconnectedness and interdependence among nations through the exchange of goods, services, information, and ideas. It has greatly changed companies that hire people to sell products as well as companies that hire people to provide services. It has improved living standards around the world by providing access to a wider range of products and opportunities.

Step-by-step explanation:

Globalization is the process of increasing interconnectedness and interdependence among nations through the exchange of goods, services, information, and ideas. It has greatly changed companies that hire people to sell products as well as companies that hire people to provide services. For example, globalization has enabled companies to expand their markets globally, reach a larger customer base, and outsource certain functions to lower-cost countries. It has also facilitated the growth of international trade and improved living standards around the world by providing access to a wider range of products and opportunities.

Answer 2

Globalization has greatly changed companies that hire people to sell products and to provide services. It has both positive and negative impacts on living standards around the world and can impact political stability.

Step-by-step explanation:

Globalization is the process of increasing interconnectedness and interdependence among countries through the exchange of goods, services, information, and ideas. It has greatly changed companies that hire people to sell products, as well as companies that hire people to provide services. For example, globalization has allowed companies to reach a larger customer base and expand their operations globally. It has also led to the outsourcing of manufacturing and service jobs to countries with lower labor and operational costs.

Globalization has both positive and negative impacts on living standards around the world. While it has improved living standards in some regions by increasing access to goods and services, it has also led to economic inequality and concentration of wealth in certain countries. Additionally, globalization has had mixed impacts on political stability, as it can both promote cooperation and create competition and conflicts between nations.