History, 07.06.2021 19:00 LucidDreamer16
Refer to the passage.
"Most powerfully, digital flows open up the global economy to anyone with an Internet connection. That reduces the barriers to entry and changes old rules about how business is done—and who can participate.
You no longer need to be a big, well-capitalized multinational company to compete globally. Thanks to digital platforms such as Alibaba and Amazon, even small-scale entrepreneurs can connect directly with customers and suppliers around the world, transforming themselves into ‘micro multinationals.’”
"These Charts Show How Globalization Has Gone Digital” by James Manyika, Susan Lund, and Jacques Bughin, 2016
Which of the following statements best reflects the challenges posed by the emergence of digital technologies referenced in the passage?
The emerging digital economy has marginalized entrepreneurs in less-developed countries.
Global alliances between corporate monopolies are now fostered by the internet and social media.
Multinational companies have become increasingly irrelevant thanks to the emergence of micro-businesses.
Traditional national identities have been broken down by international digital connections through social media.
Answers: 3
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Refer to the passage.
"Most powerfully, digital flows open up the global economy to anyone with an...
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