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It could mean spreading your manufacturing capabilities throughout the world or it could mean spreading your final product throughout the world.
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∙ 11y ago
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What two major inventions led to the globalization of production and world trade?
Railroads and steamships led to the globalization of production and world trade. Production was further aided by the assembly line.
What is the difference between outsourcing and globalization?
Out sourcing is a media between consumers, customers and production unit. Globalization is liberalizing marketing/trade between number of countries.
Why is globalization potential damaging to the environment?
Protecting the environment increases production costs and reduces competitiveness.
What are the positive effects of globalization on Indian industries?
There are a number of positive effects of globalization on Indian industries. There is increased market demand, more jobs have been created and more production is achieved among others.
Why does globalization give countries an incentive to reduce wages or their workers?
Lower production costs help lure foreign
What two major inventions led to the globalization of production and world trade?
Railroads and steamships led to the globalization of production and world trade. Production was further aided by the assembly line.
How does Asia make their money?
Production and investments from the globalization of the world economy
How does globalization affect food production?
There are various ways in which globalization affects food production. For example, it is now likely that the food you buy comes from a different country rather than being produced locally.
What is the difference between outsourcing and globalization?
Out sourcing is a media between consumers, customers and production unit. Globalization is liberalizing marketing/trade between number of countries.
What is the greatest challenge currently faced by the private sector unions?
Increasing globalization of production
Why is globalization potential damaging to the environment?
Protecting the environment increases production costs and reduces competitiveness.
What are the positive effects of globalization on Indian industries?
There are a number of positive effects of globalization on Indian industries. There is increased market demand, more jobs have been created and more production is achieved among others.
Why does globalization give countries an incentive to reduce wages or their workers?
Lower production costs help lure foreign
What is marketing in the era of globalization?
in the era of globalization marketing refered as the general activities managed to be creative in price,promotion,production,place, together with people. in globalization marketing operated through publication and advertising of what produced by the organization,firms or company through media of communication and marketing internet
Why does globalization give countries an incentive to reduce wages for their workers?
Lower production costs help lure foreign investment.
Why does globalization give countries an incentive to reduce wages for workers?
Lower production costs help lure foreign investment.
What are the ethical issues relating to production in a business?
How has globalization effected internal and external factors affected the four functions of management
