Which of the following is NOT one of the consequences of globalization?
A)an increase in strategic partnerships among global business partners
B)an increase in joint ventures,licensing arrangements
C)the formation of global supply chains
D)an increase in consolidation of businesses

Question

Quizplus · Accepted Answer

Globalization typically leads to an increase in strategic partnerships, joint ventures, licensing arrangements, and the formation of global supply chains as businesses seek to expand their reach and efficiency. However, it does not inherently lead to an increase in the consolidation of businesses, which refers to the merger and acquisition activity that reduces the number of companies in a market. This can be a consequence of many factors, including but not limited to globalization.

Which of the Following Is NOT One of the Consequences