Question

Globalization is beneficial for firms because

Answer 1

Answer:

Globalization is beneficial for firms because it protects them against foreign competition

hope it helps

please mark it as brainliest

Answer 2

Answer:

What is Globalization ?

Globalization alludes to an open progression of data and information, innovation, and goods among nations and consumers. This receptiveness happens through different connections, from business, international relations, innovation to travel, culture, and media.

BENEFITS OF GLOBALIZATION -

• Globalization provides an access to new cultures including food, music, art etc.

• It helps in the wide-spreading of technological advances.

• It provides a much higher standard of living across the world.

• It provides access to new markets.