İşletme Yönetimi Deneme Sınavı Sorusu #363368
Some authors claim that the world has turned into a global marketplace with the rise of globalization. What does “global marketplace” imply in the statement above?
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All the markets provide the same quality goods or services. |
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One can reach virtually any goods or services regardless of where he/she lives. |
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All the markets are standardized by global regulation bodies. |
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Markets are under the supervision of global agencies. |
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The size of the markets has reached billions of dollars. |
The term global marketplace implies that the markets are reachable by anyone living any part of the world thanks to globalization, that is, advancements in information and communication technologies, online transactions, cheaper communication, free movement of people, capital, information, etc., and harmonized rules and regulations among countries.
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