Question

How companies can improve the quality or functionality of their product offering through globalization?

Answer 1

Global markets can reduce marketing costs, create new market opportunities abroad, and level income streams. Global production can allow access to lower-cost workers, technical expertise, and production inputs.

Answer 2

Answer:

❇Global markets can reduce marketing costs, create new market opportunities abroad, and level income streams.

❇Global production can allow access to lower-cost workers, technical expertise, andproduction inputs.