The impact of globalization for manufacturing companies has seen reduced reliance on long international supply chains because of the increasing cost to ship components and finished goods to foreign markets.

Question

Quizplus · Accepted Answer

Globalization has actually increased reliance on long international supply chains for manufacturing companies, as it allows for the sourcing of cheaper materials and labor from different parts of the world, despite the costs of shipping.

The Impact of Globalization for Manufacturing Companies Has Seen Reduced