Question

Globalization has led toa. lower operational efficiency as firms must transport raw materials and finished goods farther. b. increasing loyalty of customers for products made domestically.c. declining returns from investment in research and development.d. higher product quality.

Answer 1

Option D

Globalization has led to higher product quality

Explanation:

Globalization assigns to the unification of businesses in the global marketplace, heading to the enhanced interconnections of widespread markets. This notion performs production more efficiently, boosts financial germination, and drops the values of goods and aids, delivering them more affordable particularly for lower-income families.

Better quality and variety is one of the major consequences of this technique. The contestant from overseas urges firms to promote their goods. Purchasers have more qualified products and more options as a conclusion. This method not only makes new goods and manners, but also directs to increased productivity with quality, and ambitious pricing.