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When deciding to expand operations to a foreign country, businesses must be aware of the various benefits of globalization. From the list below, choose one
When deciding to expand operations to a foreign country, businesses must be aware of the various benefits of globalization. From the list below, choose one statement that represents a benefit of globalization: Group of answer choices Larger pools of consumers and resources (e.g., talent, natural resources, financial resource, etc.) that might not be available in their home markets. The loss of blue-collar jobs in advanced industrial economies resulting from many companies moving production to less expensive markets in developing countries. Stagnant, if not falling, wages of workers due to increases in local labor supply in advanced industrial economies among blue-collar workers whose jobs were moved to developing countries. Workers in developing countries might be drawn into jobs that exploit them (e.g., requiring workers to work long hours for very small wages)
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