This question has two parts; be sure to answer both. First, define the concept of y. Second, explain the three historic global changes, discussed by Rosabeth Moss Kantor of the Harvard Business School, that set the stage for globalization.
What will be an ideal response?
The global economy refers to the increasing tendency of the economies of the world to interact with one another as one market instead of many national markets.
"We are seeing the results of things started in 1988 and 1989," said Rosabeth Moss Kantor of the Harvard Business School, referring to three historic global changes. The first was in the late 1980s when the Berlin Wall came down, signaling the end of communism in Eastern Europe. The second was when Asian countries began to open their economies to foreign investors. The third was the worldwide trend of governments deregulating their economies. These three events set up conditions by which goods, people, and money could move more freely throughout the world—a global economy.
You might also like to view...
Which of the following is impacted by flexible costing systems, activity-based costing, shift in cost structure from variable to fixed costs, and reduced direct labor cost component in manufacturing?
a. product innovation b. production process innovation c. supply chain management d. management accounting systems
Ratio scales allow proportionate transformations of the form y = bx, where b is a positive constant. One can add an arbitrary constant, as in the case of an interval scale
Indicate whether the statement is true or false
______ is the introduction or modification of work assignments, authority relationships, and communication and reward systems.
A. Organizational structure innovation B. Exploratory C. Operational innovation D. Process
Briefly define having "power over" another person and having "power with" another person.
What will be an ideal response?