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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. Rising wages may cancel out cost savings of access to low-cost input factors. b. Improved communication technology may lead to longer production cycles. c. None. All political and economic factors point to the rise of globalization. d. Governments may lower barriers to international trade
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