Which of the following are NOT factors that have made the trend toward globalization mandatory for many businesses?
A) Lower trade barriers
B) Demand for high-quality,low-cost products
C) Increased volatility of exchange rates for foreign currency
D) Increased development costs
E) Improvements in transportation and communications.

Question

Quizplus · Accepted Answer

Increased volatility of exchange rates for foreign currency is not a factor that has made globalization mandatory; it is a challenge businesses face when they globalize. Lower trade barriers, demand for high-quality low-cost products, increased development costs, and improvements in transportation and communications are all factors that drive businesses towards globalization.

Which of the Following Are NOT Factors That Have Made