Question

How are businesses affected by globalization? a)Quality employees become hard to find. b)Companies are founded at a faster rate. c)Profits decrease due to increased competition. d)Goods are exchanged across the world at a rapid pace.

Answer 1

Answer:

D: Goods are exchanged across the world at a rapid pace

Explanation:

glob·al·i·za·tion

/ˌɡlōbələˈzāSHən,ˌɡlōbəˌlīˈzāSHən/

Learn to pronounce

noun

the process by which businesses or other organizations develop international influence or start operating on an international scale.

Answer 2

The correct option is D.

How does globalization affect business?

Globalization leads to increased competition. This competition can be related to product and service cost and price, target market, technological adaptation, quick response, quick production by companies, etc. When a company produces with less cost and sells cheaper, it is able to increase its market share.

How does globalization affect local businesses?

As globalization increases, more and more businesses enter the market. Thanks to that accessibility we mentioned earlier, there's a ton more competition for small businesses around the world. There will likely be ten other businesses selling similar products to the product you are trying to sell.

Learn more about globalization here https://brainly.com/question/14088698

#SPJ2