Globalization results in increased competition.

Name: Globalization results in increased competition.
Brand: Quizplus
Rating: 4.9 (38 reviews)

Question

Quizplus · Accepted Answer

Globalization allows companies from all over the world to compete with each other, resulting in increased competition. This is because companies have access to a larger pool of potential customers and suppliers, and they must work harder to differentiate themselves and offer competitive pricing to remain competitive.

Globalization Results in Increased Competition