Question

Among the following, which statement does not reflect the globalization of business?
a) The increase in barriers to international trade
b) The international convergence of consumer tastes
c) The emphasis on global marketing management training
d) Increasing domestic competition from foreign producers​

Answer 1

Answer:

Globalization of Business:

Globalization refers to the way that people around the world have become more connected politically, economically and socially. Globalization of business is the change in a business from a company associated with a single country to one that operates in multiple countries.

Explanation:

Statement (a) does not reflect the globalization of business:

(a) The increase in barriers to international trade.