The globalization of production has caused fmns to:
A)lower their market share.
B)lower their cost structure.
C)centralize their production process.
D)curb international competition.
E)limit the number of market segments.

Question

The globalization of production has caused fmns to:
A)lower their market share.
B)lower their cost structure.
C)centralize their production process.
D)curb international competition. 
E)limit the number of market segments.

Quizplus · Accepted Answer

The globalization of production has led to increased competition and a need for FMNs to lower their cost structure in order to remain competitive in the global market. This can be achieved through outsourcing production to lower-cost countries or through implementing more efficient production processes.

The Globalization of Production Has Caused Fmns To