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G-SOSC005 BSA43 1st Sem ( 2023-2024 )

Enabling Assessment: Economic Globalization

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Question 1
Globalization 1.0 happened in 1800-2000.

Response: False

Question 2
The different aspects of globalization are independent processes.

Response: False

Question 3
_____ refers to the integration of the economies around the world.

Response: Economic Globalization

Question 4
_____ is the process by which people around the world may collaborate on a certain project.

Response: Open-sourcing

Question 5
Why is outsourcing a world flattener for Friedman?
Response: With the invention of software apps, works may to be performed in any place around the world.

Question 6
Thomas Friedman is the author of the book, The World is Flat.

Response: True

Question 7
The world is flat means equal opportunity for all.

Response: True

Question 8
For Benczes, the major players of the globalization 2.0 were the multinational corporations.

Response: False

Question 9
Economic globalization requires internationalization.

Response: False

Question 10
Which is not one of the flatteners of the world according to Friedman?

Response: Networking

Question 11
Globalization is a new phenomenon.

Response: False

Question 12
Economic globalization is incompatible with regionalization.

Response: False

Question 13
The Fall of London Bridge is one of the flatteners of the world.

Response: False

Question 14
Globalization is nothing but the integration of the economies around the world.

Response: False

Question 15
_____ is the process whereby an independent contractor is allowed to enter the system of a company to perform some of its operations.

Response: Insourcing