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Question 1. Asked on :05 October 2020:06:41:34 PM

Write the types of Globalisation and its reasons?

-Added by Rohit Rajput Business Study » Business Environment


Rohit Rajput
Globalisation is at two types

(i) Macro     (ii) Micro

Reasons of Globalisation:

(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 transportation cost.

(v) political stability.

(vi) To get technology.

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

(viii)Generates higher sales.

(ix) Better cash flows.


-Answered by Rohit Rajput On 05 October 2020:06:42:35 PM(20839Average Rating Based on rating)


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