Which of the following industries is most affected by globalization?
A)Telecommunications
B)Manufacturing
C)Law
D)Entertainment
E)Transportation

Question

Quizplus · Accepted Answer

Manufacturing industries are heavily affected by globalization as it involves outsourcing and offshoring of manufacturing processes to countries with lower labor costs, which enables companies to reduce their expenses and offer lower prices for their products. This has led to the growth of global supply chains and increased competition in the industry.

Which of the Following Industries Is Most Affected by Globalization