Ans 1 - Chapter 1 1. _ is the dynamic force transforming...

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Chapter 1 1. ________ is the dynamic force transforming our societies and commercial activities and causing increased competition for all firms. a. Consumerism b. Globalization c. Logistics d. Nature (b; Easy; p. 29; LO5) 2. ________ makes the world market more accessible for companies that sell traditional products by lessening the cost and difficulties associated with global communication. a. Technology b. Merger-mania c. Licensing d. Financial capital (a; Moderate; p. 28; LO4) {AACSB: Technology; Communication} 3. In this current age of globalization, companies are ________ earlier and ________ faster, often with help from technology. a. downsizing; creating Web sites b. exporting; growing c. producing; experimenting d. hiring; downsizing (b; Difficult; p. 28; LO4) {AACSB: Technology} 4. In this current age of globalization, small companies are increasingly active in international ________ and ________. a.
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Ans 1 - Chapter 1 1. _ is the dynamic force transforming...

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