Which of the following is true of globalization of production?
A) It includes obtaining land, labor, and capital locally.
B) It includes the component parts, skill sets, or information required to produce a product or service.
C) It is limited to manufacturing.
D) It helps companies take advantage of national differences in cost and quality.

Question

Quizplus · Accepted Answer

Globalization of production involves taking advantage of national differences in cost and quality to produce goods and services more efficiently and effectively.

Which of the Following Is True of Globalization of Production