Describe any three advantages of globalisation?
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There is greater choice before the consumers. Now, they enjoy improved quality and lower prices of several products. Consumers enjoy higher standards of living than was possible earlier. It integrates countries through foreign trade and foreign investments by multinational companies.
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Explanation:
What Are the Benefits of Globalization?
- Access to New Cultures. ...
- The Spread of Technology and Innovation. ...
- Lower Costs for Products. ...
- Higher Standards of Living Across the Globe. ...
- Access to New Markets. ...
- Access to New Talent. ...
- International Recruiting. ...
- Managing Employee Immigration.
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