Define globalization. According to Thomas Friedman, what are the three stages of globalization?
What will be an ideal response?
Answer: Globalization refers to the flow of goods and services, capital (money), and knowledge across country borders. Globalization enhances the economic interdependence among countries and organizations across countries. According to Thomas Friedman, the first stage of globalization involves internationalization of countries. The second stage involves companies moving into international markets. The third and current stage of globalization involves individuals collaborating (and competing) on a global basis.
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a. jointing b. glazing c. decking d. flashing
To test whether a true difference exists between two group percentages, we test the __________ hypothesis.
a) z b) t c) z or t hypothesis; it does not matter d) null