Exam 42: Globalization

The demand for low-skilled labor in the United States is decreasing,while the demand for high-skilled labor is increasing.

Often,it is difficult to name a home country for a(n)____ business.

A global company often has no easily defined home country.

Today's ____ must be savvy with current technologies and be able to work as a team with others from diverse cultural backgrounds.

The workforce of tomorrow will need fewer technology skills and more financial skills to succeed.

Google ended its business with China due to Google's unwillingness to censor search results on its site.

____ refers to changes in societies and the world economy resulting from dramatically increased international trade and cultural exchange.

When using a distributed workforce,collaborators are chosen based on ____.

A rise in global business relationships has meant a growing interdependence between cultures and nations.

____ is an example of outsourcing.

Offshoring involves a company moving a production line from the United States to another country,often to take advantage of cheaper labor and lower taxes.

____ is an example of offshoring.

The Y2K scare in 2000 played a significant role in the U.S.business practice of outsourcing to programmers in India.

A benefit to the United States of offshoring is ____.

The boom in collaboration between U.S.companies and workforces in India created a need for ____.

An international company has no fixed home country,and manufactures and markets its brands internationally.

A(n)____ company maintains its management and business operations in its home country while exporting or importing products to and from other countries.