1. what is globalization?
2. what are the economic, political, and social/technological factors that contributed to globalization?
3. what are the aspects of globalization?
4. what are the advantages/disadvantages of globalization?
5. what is the major debate in globalization in relation to globalists, skeptics and transformationalist?
6. what are the 6 approaches discussed in the book with regards to globalization: imperialism, colonialization, dependency, etc.?
7. what is keynesian theory?

Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.