Question

Use your understanding of the current international business environment to complete the sentence. A result of globalization is countries, businesses, and people. Which of the following are examples of companies operating in a globalized world? Check all that apply. a. San Francisco–based Airbnb used #OneLessStranger to spark an international social media campaign in which it asked its community of customers to perform random acts of hospitality for strangers, then share a video or photo of themselves with the person they helped. b. Dunkin’ Donuts serves dry pork and seaweed donuts in China and grapefruit donuts in Korea. c. Esurance, a subsidiary of Allstate, sells car insurance online and over the phone to consumers in 40 U.S. states, and it advertises in conjunction with the Super Bowl and Major League Baseball. d. Austria’s Red Bull sponsors extreme sports events across Europe, North and South America, and Asia, making its drinks feel like a local presence while the company maintains a European look to its packaging.

Answer 1

Answer:

a. San Francisco–based Airbnb used #OneLessStranger to spark an international social media campaign in which it asked its community of customers to perform random acts of hospitality for strangers, then share a video or photo of themselves with the person they helped.

b. Dunkin' Donuts serves dry pork and Seaweed donuts in China and grapefruit donuts in Korea.

d. Austria’s Red Bull sponsors extreme sports events across Europe, North and South America, and Asia, making its drinks feel like a local presence while the company maintains a European look to its packaging.

Explanation:

Globalization is the adjustments on the planet where we are moving endlessly from independent nations and toward an increasingly incorporated world. Globalization of business is the adjustment in the industry from an organization related to a solitary country to one that works in numerous nations. Globalization is a mechanism by which businesses and societies are becoming more tightly bound and linked through global networks. During 19th century, when the power of steam cut the cost of moving goods abroad, globalization moved ahead.