According to this term, corporations prefer to outsource the manufacturing of the different parts of a product in different
locations around the world in order to optimize their costs.

a. Globalization
b. Globalization of Markets
C. Globalization of Production
d. Offshoring

C. Globalization of Production

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

The world trade organization (WTO) is an intergovernmental organization that set rules, policies and regulates global trade across the world.

Also, the United Nations is an intergovernmental organization that is set to foster security, unity, and peace among its member nations across the world

Globalization of Production can be defined as a process in which corporations such as a multinational corporation or transnational corporation prefer to outsource the manufacturing of the different parts of a product in different locations around the world in order to optimize their costs.

In Business management, outsourcing can be defined as a process which involves an agreement between two companies that allows for the provision of services or job functions by another.

When a company is outsourced, it engages the service of another company (third-party) to perform some of its duties rather than the use of an in-house department or employees to handle them.

should you be the one doing this journal entry? it says "your special talent or skill". are you gonna lie 'bout your talent and make us fake a talent for you?

also this is a really easy journal entry, you can just think of a skill your good at and write did you work hard to become good at this skill (ex: drawing, writing, math, playing music, etc.) or does it come naturally (like a cool trick that you can do with your body). you can do all of that in 150 words. just try and think of a talent and even if your bad at this talent just say your working hard to become good at it.