This is the process! have a good day!
Answer:
get into critical country markets quickly, gain inside knowledge about unfamiliar markets and cultures, and access valuable skills and competencies that are concentrated in particular geographic locations.
Explanation:
Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.
Some examples of international economic organizations involved in global economy and trade are;
I. World Trade Organization (WTO).
II. United Nations (UN).
III. International Monetary Fund (IMF).
IV. United Nations Conference on Trade and Development (UNCTAD).
When a company or business firm strive for global market leadership, its main focus would be to pursue strategic alliances or collaborative partnerships with foreign companies. This would enable it get into critical country markets quickly and effectively, it would also gain an inside knowledge and understanding about unfamiliar markets, consumer demographics and cultures, as well as getting hold of valuable skills and competencies that are concentrated in specific geographic locations in the world.
A contract known as an option grants the buyer the right, but not the duty, to purchase or sell an underlying asset (such as a stock or index) at a given price on or before a particular date (listed options are all for 100 shares of the particular underlying asset).
<h3>What is an option? Explain.</h3>
An option is a contract that grants the buyer the right, but not the responsibility, to buy the underlying asset (in the case of a call) or sell it (in the case of a put) at a certain price on or before a specific date.
Options are used by people for revenue, speculation, and risk hedging.
Because they draw their value from an underlying asset, options are classified as derivatives.
A stock option contract normally entails 100 shares of the underlying stock, but other underlying assets, such as bonds, currencies, or commodities, are also acceptable.
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Answer: A.) INFLATION
Explanation: prices of goods and services are usually prone to change and fluctuation from time to time. The change usually associated with inflation is an increase in price of commodities within a certain period of time. In other to adequately measure inflation, the change in prices of certain economic commodities are compared over an equal time interval either monthly, quarterly or yearly basis as the case may be.
It is calculated as the ratio of the difference between the price of goods between the base and current period to the price at the base period expressed as a percentage. Fall or decline in prices of goods and services is usually called deflation
