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What was the purpose of Source D? A. To explain the way technology reduces costs for businesses. OB. To illustrate how globalization has increased trade. O C. To highlight the benefits of foreign investment. O D. To change the way globalization is carried out.

What was the purpose of Source D? A. To explain the way technology reduces costs for businesses. OB. To illustrate how globalization has increased trade. O C. To highlight the benefits of foreign investment. O D. To change the way globalization is carried out.

Management, Loose-Leaf Version
Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter3: The Environment And Corporate Culture
Section: Chapter Questions
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➜ Review Bookmark d History: Interim 4 Assessment (Unit 4): Part 2 of 2 / 4 of 5 Source D ...TODAY, GLOBALIZATION is BEING CHALLENGED AROUND THE WORLD. There is discontent with globalization, and rightfully so. Globalization can be a force for good: the globalization of ideas about democracy and of civil society have changed the way people think, while global political movements have led to debt relief and the treaty on land mines. Globalization has helped hundreds of millions of people attain higher standards of living, beyond what they, or most economists, thought imaginable but a short while ago. The globalization of the economy has benefited countries that took advantage of it by seeking new markets for their exports and by welcoming foreign investment. Even so, the countries that have benefited the most have been those that took charge of their own destiny and recognized the role government can play in development rather than relying on the notion of a self-regulated market that would fix its own problems. But for millions of people globalization has not worked. Many have actually been made worse off, as they have seen their jobs destroyed and their lives become more insecure. They have felt increasingly powerless against forces beyond their control. They have seen their democracies undermined, their cultures eroded. If globalization continues to be conducted in the way that it has been in the past, if we continue to fail to learn from our mistakes, globalization will not only not succeed in promoting development but will continue to create poverty and instability. Without reform, the backlash that has already started will mount and discontent with globalization will grow..." Source: Joseph E. Stiglitz, Globalization and Its Discontents, W. W. Norton & Co., 2003 What was the purpose of Source D2 mount and discontent with globalization will grow..." Source: Joseph E. Stiglitz, Globalization and What was the purpose of Source D? O A. To explain the way technology reduces costs for businesses. OB. To illustrate how globalization has increased trade. O C. To highlight the benefits of foreign investment. OD. To change the way globalization is carried out.
Transcribed Image Text:➜ Review Bookmark d History: Interim 4 Assessment (Unit 4): Part 2 of 2 / 4 of 5 Source D ...TODAY, GLOBALIZATION is BEING CHALLENGED AROUND THE WORLD. There is discontent with globalization, and rightfully so. Globalization can be a force for good: the globalization of ideas about democracy and of civil society have changed the way people think, while global political movements have led to debt relief and the treaty on land mines. Globalization has helped hundreds of millions of people attain higher standards of living, beyond what they, or most economists, thought imaginable but a short while ago. The globalization of the economy has benefited countries that took advantage of it by seeking new markets for their exports and by welcoming foreign investment. Even so, the countries that have benefited the most have been those that took charge of their own destiny and recognized the role government can play in development rather than relying on the notion of a self-regulated market that would fix its own problems. But for millions of people globalization has not worked. Many have actually been made worse off, as they have seen their jobs destroyed and their lives become more insecure. They have felt increasingly powerless against forces beyond their control. They have seen their democracies undermined, their cultures eroded. If globalization continues to be conducted in the way that it has been in the past, if we continue to fail to learn from our mistakes, globalization will not only not succeed in promoting development but will continue to create poverty and instability. Without reform, the backlash that has already started will mount and discontent with globalization will grow..." Source: Joseph E. Stiglitz, Globalization and Its Discontents, W. W. Norton & Co., 2003 What was the purpose of Source D2 mount and discontent with globalization will grow..." Source: Joseph E. Stiglitz, Globalization and What was the purpose of Source D? O A. To explain the way technology reduces costs for businesses. OB. To illustrate how globalization has increased trade. O C. To highlight the benefits of foreign investment. OD. To change the way globalization is carried out.
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