Which statements best describe how businesses can take advantage of globalization? Select all that apply. PLZ HELP ASAP

using lower labor costs in other countries

creating higher barriers to trade

transporting resources quickly from distant locations

limiting trade with other countries

communicating more quickly with other countries

Respuesta :

Select these:
using lower labor costs in other countries, transporting resources quickly from distant locations, and communicating more quickly with other countries

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Answer:

  • using lower labor costs in other countries
  • transporting resources quickly from distant locations
  • communicating more quickly with other countries

Explanation:

The term "globalization" is used to describe the processes of economic and social integration and intensification in an international way.

In the corporate world, globalization is extremely important for many companies to achieve success and economic power. This is because globalization allows large companies to use lower labor costs in other countries (mainly African and South American countries, where access to high-level technology and education is weakened), transport resources quickly from distant locations ( providing a quick movement of its market and pleasing customers around the world), and allows companies to communicate more quickly with other countries (being able to create commercial partnerships and even agreements related to new technologies, taxes, economics and hands) of work).