Companies are facing each of the following impacts of globalization except:
A) Easier to find suppliers and customers in many countries
B) Less complex business environment
C) Cheaper materials
D) More and stronger competitors

Question

Quizplus · Accepted Answer

One of the impacts of globalization on companies is the increased complexity of the business environment, not less complexity. This is due to factors such as cultural differences, language barriers, and varying regulations and laws in different countries. The other options all accurately reflect common effects of globalization on businesses.

Companies Are Facing Each of the Following Impacts of Globalization