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Question 1. Asked on :17 August 2020:01:56:55 PM

 Write the reasons for globalization?

-Added by Jyoti Srivastva Business Study » Business Environment


Jyoti Srivastva

 Reason for globalizations :

(i) Rapid shrinking of time and distance.

(ii) domestic markets are no longer adequate and rich.

(iii) Foreign market becomes large enough to justify foreign investment.

(iv) Reduce high transportions cost

(v) Politcal stability

(vi)To get technology

(vii) To secure reliable or cheaper source of raw materials

(viii) Generate higher sales

(ix) Better cash flows. 

-Answered by Jyoti Srivastva On 18 August 2020:12:09:36 PM(20037Average Rating Based on rating)


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