Which of the following are advantages of globalization a abi
Which of the following are advantages of globalization?
a) ability to operate 24 hours a day
b) ability to locate lower cost labor
c) a larger market for products
d) lower corporate taxes
Solution
a) ability to operate 24 hrs a day in different nations(increase sales)
b)ability to locate lower cost labor ( get efficient labor at less cost from developing countries where economy is growing)
c) a larger market for products( improve sustainability of products and services in any nation in the market at the worst case)
