İşletmeye Giriş Deneme Sınavı Sorusu #1192865
Which of the following phenomena marked the milestone of globalization in the world history?
World War I |
World War II |
Chernobyl nuclear meltdown |
Dissolution of Soviet Union countries |
Emergence of the internet |
The dissolution of Soviet Union countries in the early 90’s was the milestone of globalization. The sharp difference in terms of organization of the economic regime between East and West has begun to disappear after 90’s. Low raw material and labor costs in the new economies attracted foreign investors. Western multinational corporations have shifted their production operations to Eastern part of the world and they inevitably transferred technical know-how to their new local partners. Western countries, which are the pioneers of globalization currently, deal with research and development activities, strategic management and organization of international operations instead of production.
The correct answer is D.
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