Which of the following statements is true of globalization?
A) Firms are becoming less dependent on foreign markets for raw materials.
B) It is difficult to define what is "domestic" and what is "foreign."
C) Borderless strategic alliances are less common with more fierce international competition today.
D) Firms are becoming less dependent on foreign markets for the sale of products and services.

Question

Quizplus · Accepted Answer

Globalization blurs the lines between what is considered domestic and foreign as it involves the integration of different nations' economies, cultures, and societies.

Which of the Following Statements Is True of Globalization