Which of these is not a component of Globalization?Select one:a.Globalisation Of Businessb.Globalisation Of Productionc.Globalization Of Cultured.Globalisation Of Investments
Question
Which of these is not a component of Globalization?Select one:a.Globalisation Of Businessb.Globalisation Of Productionc.Globalization Of Cultured.Globalisation Of Investments
Solution
The question is asking which of the given options is not a component of Globalization. The options are:
a. Globalisation Of Business b. Globalisation Of Production c. Globalization Of Culture d. Globalisation Of Investments
To answer this question, we need to understand what each option means in the context of globalization:
a. Globalisation Of Business: This refers to the spread of businesses to locations around the globe, beyond the domestic boundaries of their country of origin. This is a component of globalization.
b. Globalisation Of Production: This refers to the sourcing of goods and services from locations around the globe to take advantage of national differences in the cost and quality of factors of production (like labor, energy, land, and capital). This is also a component of globalization.
c. Globalization Of Culture: This refers to the transmission of ideas, meanings, and values around the world in such a way as to extend and intensify social relations. This process is marked by the common consumption of cultures that have been diffused by the Internet, popular culture media, and international travel. This is also a component of globalization.
d. Globalisation Of Investments: This refers to the movement of funds from one country to another in exchange for significant ownership stakes in domestic companies or other domestic assets. This is also a component of globalization.
Therefore, all of the options given are components of globalization. There seems to be a mistake in the question as all the options listed are indeed components of globalization.
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