The Right Response is Option B
b) Borderless World
Today's companies compete in a <u>borderless world.</u>
- The process of contact and integration between individuals, organisations, and governments on a global scale is known as globalisation or globalisation. Since the 18th century, globalisation has increased due to advancements in communications and transportation technologies.
<h3><u>What effects has globalisation had?</u></h3>
- Globalization often lowers the cost of production. This implies that businesses may charge customers less for their products. One important factor that raises the level of life is the average cost of commodities. Additionally, consumers have access to a greater range of items.
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The answer to number 2 is B. so that you do not take any trade secrets like recipes from the company if you leave
Answer: All economies
Explanation: The government of a country plays a role in every economy regardless of the type of economy the country runs, the major difference in economies is the extent to which the government functions in the economies.
In the socialist economy the government holds a more controlling role than in the capitalist economy where a free market is encouraged.
Answer: Consumer share risk with company.
Explanation:
Insurance involves the sharing of risk between a client and his insurer. In insurance the insurer takes a large portion of the risk while the client covers the rest of risk payment.