During globalization 1.0 all important business functions were located in the home country, whereas during globalization 2.0 multinationals began to copy themselves <u>in a few key countries.</u>
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Globalization is a time period used to explain how change and era have made the arena into a more connected and interdependent location. Globalization additionally captures in its scope the economic and social adjustments which have come approximately as a result
Multinational businesses are a tangible instance of globalization. a few examples include the subsequent: McDonald's had 39,198 rapid-food eating places in 119 nations and territories, consistent with its Securities and alternate commission filing on the cease of 2020.
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After recording the transaction in journal you must record it on General Ledger.
In the year 2000, the US census showed that 9.1% of those over 75 had not married so the percentage is relatively low and from 75-84 yrs old, about 50% were still married, 40% were widowed and 5.4 % were divorced.
Answer:
The correct answer is the letter b. Efficiency refers to maximizing the size of the pie; equality refers to distributing the pie fairly among members of society.
Explanation:
Efficiency is about maximizing production while minimizing costs, ie producing as much as possible with available resources. Equality refers to the distribution of production, that is, the division into economically considered fair parts of what was produced among the agents of society. In the example, efficiency would be to produce the largest pie possible given the existing resources. Equality would be the distribution of the pie considered socially fair.
Answer:
Option (b) is correct.
Explanation:
Cyclical unemployment refers to the unemployment that occured because of the fall in the demand for goods and services in an economy. It is largely affected by the fluctuations in economic growth of a country. When the overall demand for goods and services are not matched with the full employment in an economy. This unemployment is mostly occured when the economy of a country is contracting.