You are watching a news interview with a Fortune 500 Company CEO. The reporter is engaging the CEO in a conversation about globalization, and is especially pressing the CEO on the issue of the company’s increased initiatives to outsource jobs. The CEO states, “The globalization of the capitalist marketplace is a force that is beyond our control; firms have to be increasingly global to
compete. Even the President agrees!” Given what you know about the history of globalization since the 1900s, what might you say to this CEO on this issue?
A) Encouraging neoliberal free trade policies will be the best approach if people want to see fewer jobs outsourced in the future.
B) Globalization has taken hold beyond our control and the CEO is right about needing to compete in a global marketplace these days.
C) Globalization and the scale it takes on is not uncontrollable, but rather a product of policies and practices made by governments and corporations.
D) The political environment has little to do with corporate practices in a globalized economy.
C) Globalization and the scale it takes on is not uncontrollable, but rather a product of policies and practices made by governments and corporations.
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