GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Global Linkage
A
ability to compete and participate on the global market
B
act of a student pursuing educational opportunities abroad
C
set of achievements which make a person more appealing to a potential employer
D
unconstrained purchase and sale of goods and services between countries without tariffs, duties or quotas
E
type of trade movement which focuses on the improvement of trading circumstances
Explanation: 

Detailed explanation-1: -Globalization of markets involves the growing interdependency among. the economies of the world; multinational nature of sourcing, manufacturing, trading, and investment activities; increasing frequency of cross-border.

Detailed explanation-2: -Globalization means the ability to produce and /or sell goods/services in global markets in open competition with others. Only the fittest will survive in open competition. There exists comprehensive foreign competition with respect to almost every product all over the world.

Detailed explanation-3: -Competing in a global market influenced by rapid change, innovation, and time to market means organizations manage more and more projects.

Detailed explanation-4: -Shrewdness In Manipulation Of Prices. The ability to bend the market in your favor by effective pricing is vital to keep your business in competition. Prioritizing Workforce Development. Location. Safeguard Your Present Customers. Keep Abreast.

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