Which of the following is a driver of globalization?
A) greater emphasis on proactive internationalization
B) internationalization of firm’s value chain
C) integration of world financial markets
D) globalization of services
A manager has a choice of three bank CDs that pay different amounts of fixed interest
over different time periods. The manager is operating under which condition?
A) jeopardy
B) certainty
C) uncertainty
D) risk
Since all partners in a value chain benefit when value is added, partners ideally should
________.
A) collaborate closely
B) work independently of one another
C) be dependent only on their narrow local part of the chain
D) collaborate with every other part of the chain