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Jill is the CEO of Company Y, a clothing company. She wants to move from being 10 percent globalized to 90 percent globalized in the
Jill is the CEO of Company Y, a clothing company. She wants to move from being 10 percent globalized to 90 percent globalized in the next 10 years. What are some possible drawbacks that Company Y must anticipate? a. None. All political and economic factors point to the rise of globalization. b. Rising wages may cancel out cost savings of access to low-cost input factors. c. Improved communication technology may lead to longer production cycles. d. Governments may lower barriers to international trade
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