Globalization midterm

Each answer should be answered in a few short paragraphs. All answers are from the chapters below

1. Define and explain the notion of commodity chain. Why are labor, money, and raw material considered three special cases of commodities?

2. Explain the following sentence: global system of production has led to downward mobilization that ties the fate of workers everywhere together.

3. Why does Dicken argue that TNCs may be powerful but they do not possess absolute power?

4. Why is it important to develop a sociological understanding of the outsourcing process?

5. Explain the following sentence: new management ideas are just a recycling of the management nostrums of the past.

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