Which of the following statements is true of globalization?

A. It fails to involve smaller firms.
B. It encourages the maintenance of the status quo.
C. It does not create threats to anybody.
D. It does not allow employees to provide services although most economies have become very efficient at producing physical goods.
E. It represents that a company’s talent can come from anywhere.

Ans: E. It represents that a company’s talent can come from anywhere.

Business

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The Euro-to-Canadian rate is the reciprocal of the Canadian-to-Euro rate

Indicate whether the statement is true or false.

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In 1977, ________ pioneered the concept of selling new public issues of junk bonds for companies that had not yet achieved investment-grade status

A) Michael Milken B) Roger Milliken C) Ivan Boskey D) Carl Ichan

Business