Businesses can use globalization to their advantage by
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Businesses can use globalization to their advantage by. - creating trade barriers to other countries. - reducing exports to other countries. - finding customers in other countries.
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The advantages are:
Explanation:
Globalisation exposes forms to international competition. In order to survive in global markets, firm have improved efficiency of operation reduce cost and improve quality.
Globalisation will help the developing countries to improve the allocative efficiency of resources.
Globalisation will help to restructure the production and trade pattern in favour of labour intensive goods and technologies
Globalisation will increase in employment opportunity of a period of time.
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