Which of the following statements is true in the context of globalization of production and markets?
A)Globalization of production has significantly increased the costs for many industries.
B)The globalization of markets and production has failed to threaten companies' horne markets.
C)Consolidated oligopolies continue to be dominated by a small number of companies despite globalization.
D)The shift from national to global markets has curbed competitive rivalry in many industries.
E)Globalization has significantly increased the threat of entry.

Question

Which of the following statements is true in the context of globalization of production and markets?
A)Globalization of production has significantly increased the costs for many industries.
B)The globalization of markets and production has failed to threaten companies' horne markets.
C)Consolidated oligopolies continue to be dominated by a small number of companies despite globalization.
D)The shift from national to global markets has curbed competitive rivalry in many industries. 
E)Globalization has significantly increased the threat of entry.

Quizplus · Accepted Answer

Globalization has significantly increased the threat of entry because it has made it easier for new companies to enter the market.

Which of the Following Statements Is True in the Context