객관식
Which of the following best describes how the factory system impacted towns during the Industrial Revolution?
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0. Basic Principles of Economics
Introduction to Economics
객관식
Which of the following is the most effective way for businesses to take advantage of globalization?
A
Reducing investment in technology to minimize costs
B
Focusing solely on domestic production and ignoring global trends
C
Expanding into international markets to access new customers and resources
D
Limiting collaboration with foreign firms to avoid competition
검증된 단계별 안내1
Step 1: Understand the concept of globalization in microeconomics, which refers to the increasing integration of markets, firms, and economies across the world, allowing businesses to operate beyond their domestic borders.
Step 2: Analyze each option by considering how it aligns with the benefits of globalization, such as access to new markets, resources, technology, and collaboration opportunities.
Step 3: Recognize that reducing investment in technology contradicts the goal of leveraging globalization, as technology often enables firms to compete globally and improve efficiency.
Step 4: Understand that focusing solely on domestic production ignores the potential gains from global market expansion and resource access, limiting growth opportunities.
Step 5: Identify that expanding into international markets allows businesses to access new customers and resources, which is a direct way to benefit from globalization, while limiting collaboration with foreign firms reduces potential competitive advantages.
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