One of the benefits of globalization is
A) economies of scale.
B) decreased outsourcing.
C) increased union negotiations.
D) increased taxes.
E) additional human resource training.

Question

Quizplus · Accepted Answer

Globalization allows for companies to expand their operations and sell their products or services to a larger market. This can lead to increased production volume, allowing for economies of scale to occur. This means that the cost per unit of production decreases as the level of production increases. This can lead to lower prices for consumers and increased profits for the company.

One of the Benefits of Globalization Is