All of the following describe the effects of globalization except:
A)significant decreases in operating costs.
B)reduction of labor costs through outsourcing.
C)ability to find low-cost suppliers.
D)increases in transaction costs.
E)replication of business models in multiple countries.

Question

Quizplus · Accepted Answer

Globalization may lead to increases in transaction costs due to factors such as language barriers, cultural differences, and transportation costs. The other choices describe typical effects of globalization.

All of the Following Describe the Effects of Globalization Except