1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
slava [35]
3 years ago
6

Describe the challenges and opportunities of globalization in a ""flattened"" world.

Business
2 answers:
Ksju [112]3 years ago
4 0

Answer:

The meaning of a 'flattened' world is that ,globalization, which can be described as inventions and various developments in the technology world , has created a level playing ground, where countries considered as small or minors are now competing with the super-power ones.

Explanation:

The major challenge of this is that , the rate competition has increased between countries that have great impacts on the resource area of businesses.

And the opportunities are that, new jobs are created or available especially in the information systems and other jobs or occupations involving services.

 Finding better suppliers and at a better price has also been considered as a big benefit because now there were more places to choose from globally.

Bess [88]3 years ago
4 0

Answer and explanation:

American journalist and writer Thomas Friedman (born in 1953) in his book "<em>The World Is Flat: A Brief History of the Twenty-First Century</em>" (2005) uses the term "flattening" to describe the phenomena by which the world is tearing down barriers thanks to computers and the internet and its impact in the worldwide economy.

Having a flattened world has <em>allowed commerce to spread</em> massively. Buyers and sellers from anywhere on the planet can match their needs on a web page. Besides, <em>job opportunities have increased mostly for developing countries</em> since work is taken to those regions due to cheaper labor costs. But the last situation represents an advantage for workers but a disadvantage at the same time. The<em> labor force in the company's domestic countries is affected by the outsourcing</em> of work.

You might be interested in
If a car company collaborated with a sheet metal supplier, the car company would be the supplier's ______. Multiple choice quest
kotykmax [81]

A car company would be called a <u>supplier's corporate partner</u> if its collaborated with a sheet metal supplier.

<h2>What is corporate partner?</h2>

A corporate partnership means a beneficial relationship between two separate company for specific purpose.

Here, the car company and sheet metal supplier are corporate partners because they have a specific purpose they serve there selves.

In conclusion, the car company would be called a <u>supplier's corporate partner</u> if its collaborated with a sheet metal supplier.

Read more about corporate partnership

<em>brainly.com/question/14034519</em>

8 0
2 years ago
company's perpetual preferred stock currently sells for $92.50 per share, and it pays an $8.00 annual dividend. If the company w
andrew11 [14]

Answer:

The firm's cost of preferred stock is  9.10%

Explanation:

The cost of preferred stock with the flotation of 5% would be the dividend payable by the preferred stock divided by the adjusted current market price(adjusted for flotation cost)

The dividend per year is $8

The adjusted price of the stock=$92.50*(1-f)

where f is the flotation cost in percentage terms i.e 5%

adjusted price of the stock is =$92.50*(1-5%)=$ 87.88  

Cost of preferred stock=$8/$87.88*100  = 9.10%

4 0
3 years ago
What is an argument in favor of a $15 minimum wage
tamaranim1 [39]

The idea for a $15/hour minimum wage is to provide a <u>living wage</u> for employees, meaning that they can meet their basic housing, food, medical, and living expenses when working full time at minimum wage.

7 0
3 years ago
Smith Jones Inc.'s stockholders are mostly individual investors, and there is relatively little institutional ownership. If seve
Anastasy [175]

Answer:

Small individual investors will benefit the most.

Explanation:

From the case given, it can be established that small individual investors represent the bulk of shareholders or business owners.

Also, from Smith Jones stock, we see that Pension and Mutual Fund constitute a bulk in the share position, and the direct intervention of shareholders motivate the management.

From the foregoing analysis, the shareholders holders have thus seek to incorporate corporate governance in the organization as a tool to reduce the agency problem between business owners and management. By this, management objectives and the shareholders could be aligned. The business owners singular objective is the profit maximization of their wealth, while the management is interested in their job security, status, mutual funds, pension and all. Since this objective of management has been duly taken care of by the shareholders, it is believer that this will boost the management morale and ultimately improve their performance. The result is thus increase in organisational performance with resultant growth in profit, share price and returns from the business. These are benefits to the individual investors.

6 0
3 years ago
Does my insurance cover anger management
vodomira [7]
<span>Does my insurance cover anger management
                                           Answer:</span>
<span>Since anger is a normal human emotion, it is not generally a covered healthcare benefit. Health insurance is designed to cover the examination and treatment of recognized medical/psychiatric illnesses.</span>
4 0
3 years ago
Other questions:
  • An accountant may compile a nonissuer's financial statements that omit all of the disclosures required by GAAP only if the omiss
    10·1 answer
  • One of the advantages of starting your own business is
    9·2 answers
  • What are the costs and benefits of making​ an action plan for climate change?
    8·1 answer
  • Reading out loud is an effective strategy for proofreading a written work? true or flase
    5·2 answers
  • Mike has a linear production possibilities frontier that shows maximum production of trucks or computers of 10 million each. Deb
    6·1 answer
  • Which of the following statements is true of lead qualification? Group of answer choices It refers to a process that describes t
    15·1 answer
  • Jim makes a contract with Oleta to sell her a 1965 lava lamp once owned by a famous artist. Jim later decides that he does not w
    13·1 answer
  • What is a support unit
    10·1 answer
  • Cash flows directly related to production and sale of the firm's products and services are called?
    5·1 answer
  • The demand for ski rentals falls when the price of lift tickets increases. This is an example of?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!