how has globalisation caused the competition in the market
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Globalization leads to increased competition. This competition can be related to product and service cost and price, target market, technological adaptation, quick response, quick production by companies etc. When a company produces with less cost and sells cheaper, it is able to increase its market share.
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❤Hi... ✌✌
✔✔Here's ur answer:: -->>>
⭐ Due to globalisation now sellers can now sell their goods all over the world...
⭐ Buyers can have large no. of. choices...
so, now people are interested to buy quality products...
so, now qualify of the product improve...
↪↪In these ways globalisation caused competition in the market...
❤❤... hope it helps you... ❤❤
thank u
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