Which of the following are two of the most powerful globalization drivers?
A) Concentrating investments in national markets and focusing on economies of scale
B) Restricting entry to geographically close markets and pushing standardized solutions on customers
C) Centralizing all operations of R&D and providing additional funds for research
D) Avoiding cost inefficiencies and duplication of effort

Question

Quizplus · Accepted Answer

The two most powerful globalization drivers are avoiding cost inefficiencies and duplication of effort. This is because globalization is driven by the desire to access new markets and customers while reducing costs and improving efficiency. Avoiding cost inefficiencies and duplication of effort allows companies to streamline their operations and achieve economies of scale, which in turn makes it easier to compete in new markets and grow their businesses globally.

Which of the Following Are Two of the Most Powerful