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Effects of globilization on business

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Anonymous

16y ago
Updated: 8/17/2019

Determines what type of business. Also how your set up Multinational or so on... Globilization means that everywhere and anybody is your competition. So now companies have to compete harder for business. Every thing is now focused on the best quality for the cheapest price. So there are many forms of outsourcing being done. Companies in other countries can often perform some services or produce products cheaper than in the country your in.

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Wiki User

16y ago

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