Question

Globalization has led to: Group of answer choices lower operational efficiency, as firms must transport raw materials and finished goods farther. increasing loyalty of customers for products made domestically. declining returns from investment in research and development. higher performance standards in competitive dimensions, including quality and cost.

Answer 1

Answer: Option D

Explanation: Globalization refers to the free interaction among different countries of the world. Globalization results in free transfer of resources and technology around the world.

Due to globalization  a consumer of India can enjoy a product or service provided by a supplier of america. Thus, the competition increases to its best because off globalization. Therefore, the consumers are willing to purchase the best product in the market. resulting in increase in quality and decrease in cost.

Hence from the above we can conclude that the correct option is D.