State any three impacts on Globalisation. – InterviewSolution

InterviewSolution

1.

State any three impacts on Globalisation.

Answer»

Impact of Globalization:

1. Corporations got a competitive advantage from lower operating costs, and access to new raw materials and additional markets.

2. Multinational corporations (MNCs) can manufacture, buy and sell goods worldwide.

3. Globalisation has led to a boom in consumer products market.

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