Highlight three benefits of globalization to a business enterprise

      

Highlight three benefits of globalization to a business enterprise

  

Answers


Davis
(a) Facilitates application of better technology for improved products.
(b) Encourages collaboration among businesses from different countries
(c) Makes it possible to share new production techniques/skills among the countries of the
world.
(d) Enables the sharing of new skills among businesses.
(e) Facilitates the sharing of research findings by business globally/ information.
(f) Enables business enterprises to take advantage of resources found in other parts of the
world without relocating there
Githiari answered the question on September 23, 2017 at 10:22


Next: Outline four circumstances under which cash with order may be used
Previous: Outline four tools of monetary policy that a government may use to reduce excess money in circulation

View More Business Studies Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions