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Which of these companies exemplifies the globalization of markets? a. The clothes of Sea Shell Fashions, a U.S.-based company, are hand-sewn by workers in India. b. The accounts of a U.K.-based finance company are maintained and managed by an accounting firm in the Czech Republic. c. Fluffy Pillows, a U.S.-based pillow company, sells the same pillows worldwide. d. Iconic Industries Inc., a U.S. energy company, has generated capital from investors all over the world. e. Wine producer Violet Wines procures high-quality grapes from neighboring countries.
Which of these companies exemplifies the globalization of markets? a. The clothes of Sea Shell Fashions, a U.S.-based company, are hand-sewn by workers in India. b. The accounts of a U.K.-based finance company are maintained and managed by an accounting firm in the Czech Republic. c. Fluffy Pillows, a U.S.-based pillow company, sells the same pillows worldwide. d. Iconic Industries Inc., a U.S. energy company, has generated capital from investors all over the world. e. Wine producer Violet Wines procures high-quality grapes from neighboring countries.
Final answer:The company that most exemplifies the globalization of markets is 'Fluffy Pillows', a U.S.-based company that sells the same pillows worldwide. This indicates the growinginterconnectednessof our global marketplace, allowing companies to penetrate and operate in markets worldwide.Explanation:The company that best exemplifies the globalization of markets is 'Fluffy Pillows'. 'Fluffy Pillows', a U.S.-based pillow company, sells the same pillows worldwide. This is a typical example of a globalized market because the company is selling the same product globally rather than adapting it to local markets. The fact that consumers all around the world are purchasing the same product exemplifies the interconnectedness of our global marketplace.Globalizationhas made it possible for companies like Fluffy Pillows to operate and penetrate markets around the world. This is similar to how the clothes you wear might be designed in Italy and manufactured in China, or how a company like Apple designs its products in the U.S., has components made in various nations, and even outsources its tech support to India.We can similarly see this international division of labor, where workers from wealthy nations compete with the low-wage labor pool of other nations, in the examples of Sea Shell Fashions and the UK-based finance company. However, these examples more specifically illustrate outsourcing, rather than the globalization of markets.Learn more about Globalization of Markets here:brainly.com/question/31787182#SPJ6...