Which of the following is an effect of globalisation on managers and organisations?
A)Expanded competition
B)Increased labour cost
C)Greater emphasis on business boundaries
D)Expanded reliance on home country markets
E)Increased cross-nation trade barriers

Question

Quizplus · Accepted Answer

Globalisation has led to expanded competition as companies can now operate in multiple countries and compete with local and international companies.

Answer: B
 Globalisation has also led to increased labour costs as companies often seek to hire talented individuals from various countries, as well as comply with different labour regulations in each country.

Answer: D
 Globalisation has led to expanded reliance on foreign markets, as companies look to tap into new markets to grow their businesses beyond their home countries.

Which of the Following Is an Effect of Globalisation on Managers