Factors that have led to a global market for manufacturing and service firms are
A)improved transportation and communications systems.
B)improved telemarketing and communications.
C)improved distribution and transportation systems.
D)None of these factors have contributed.

Question

Quizplus · Accepted Answer

Improved transportation and communications systems have greatly reduced the barriers of distance and time for businesses, allowing them to connect and conduct transactions globally. This has facilitated the development of a global market for both manufacturing and service firms. Improved distribution and transportation systems can also be seen as contributing factors, but they are often closely tied to advancements in transportation and communications technology. Telemarketing and communications alone are not enough to create a global market, as they require the underlying infrastructure to support the exchange of goods and services.

Factors That Have Led to a Global Market for Manufacturing