How has technological innovation affected the globalization of production?
A)The real costs of information processing and communication have increased in the past two decades.
B)The effective and efficient execution of a digitized work process remains limited to developed countries.
C)It makes it possible for a firm to create and then manage a globally dispersed production system.
D)It helps domestic businesses gain a sustainable competitive advantage over multinational firms.

Question

Quizplus · Accepted Answer

As a result of technological innovation,the real costs of information processing and communication have fallen dramatically in the past two decades.These developments make it possible for a firm to create and then manage a globally dispersed production system,further facilitating the globalization of production.

How Has Technological Innovation Affected the Globalization of Production