Question

Risk do firm encounter the globalisation of market and production

Answer 1

With the market now governed by global trends, the risk that most manufacturers face is to keep a check on their liabilities.

Since the consumer ratio has grown and is now not restricted to a particular area, to gauge the liabilities has become difficult.

If a particular product is being appreciated in a particular country or state and their is no substantial response from the others, manufacturers are left confused on what would be the next step.

Answer 2

Various risk associated with the globalization of market and production are given as under.

Explanation:

• Globalization has various positive aspects on market and the production of goods and services.

• But it also has several drawbacks and risks that are associated with inequality such as in terms of incomes in countries like China, India, and brazil.

• Many of the poor nations don't have proper access to technology. Inflation is also one of the major risks associated with the strong demands of food and energy.

• Vulnerability to external economic shocks, that is chances of external events like macroeconomic problems. Threats for global commons that is environmental issues like ecosystem etc.

• Trade imbalances, unemployment, and dominance of certain brands.

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• brainly.in/question/4914021 answered by Sidyandex.