QUESTION IMAGE
Question
introduction: match each word or term with its correct definition.
integrate
interdependence
globalization
outsourcing
multinational corporation
to combine parts into a whole
a company that has business operations in several nations
the relationship in which national economies rely on one another
the process through which nations exchange products and ideas
cutting labor costs by employing workers in a foreign country
Each term is matched to its standard definition in business/global business contexts:
- "Integrate" means to bring separate parts together into a single whole.
- "Interdependence" describes the mutual reliance between national economies.
- "Globalization" refers to the cross-border exchange of products, ideas, and more between nations.
- "Outsourcing" involves hiring foreign workers to reduce labor costs.
- "Multinational corporation" is a company with operations in multiple countries.
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Integrate → To combine parts into a whole
Interdependence → The relationship in which national economies rely on one another
Globalization → The process through which nations exchange products and ideas
Outsourcing → Cutting labor costs by employing workers in a foreign country
Multinational corporation → A company that has business operations in several nations