Asked by
Melissa Hernandez
on Oct 23, 2024Verified
Improvements in technology, the deregulation of markets, and the opening of national borders have had little impact on businesses in the United States and Europe.
Deregulation
The reduction or elimination of government power in a particular industry, usually intended to increase competition and efficiency.
Technology Improvements
Refinements or advancements in technology that result in better performance, efficiency, or effectiveness of devices, systems, or processes.
National Borders
Geographical boundaries established by countries to define their territorial limits and control over space, subject to political and legal agreements.
- Recognize the impact of technology, market deregulation, and globalization on global business.
Verified Answer
KH
Learning Objectives
- Recognize the impact of technology, market deregulation, and globalization on global business.