The term globalization describes the increasing connectedness of societies and their economies as a result of developments in transportation and communication.
<h3>What is Globalization?</h3>
This refers to the connectedness between different societies which brings them closer in terms of development and communication.
Hence, we can see that as a result of globalization, we can see that the world is now a global village and communication is fast and instant even across great distances.
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If the economy has 100 workers, then the economy can produce a maximum of 500 tennis rackets.
Given, MPLT = 5 tennis rackets
MPLB = 4 baseball bats Number of workers =100
So, if the economy has 100 workers, then, 5 × 100 = 500
Hence, the economy can produce 500 tennis rackets.
There are two main sources of growth of the economy. First is the growth in the size of the workforce and second, growth in the productivity of that workforce.
Hence, either can increase the overall size of the economy but only strong productivity growth can increase per capita GDP and income.
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Answer:
when to switch marketing campaigns to international markets.
Explanation:
Customer relationship management systems (CRM) is a tool that is used to manage customer relationship, and also is used to gain insight into customer behaviour is the sales process. For example the new CRM system implemented by the BugZapper company is giving insight into the customer sales process as well as what time of year their product goes dormant in sales in the U.S. but picks up in South American countries.
The insight gained can be used to determine when campaigns can be switched to the international market.
I'm not them but hello anyway B)