All of the following are benefits of global business except
expanded business opportunities.
decreased competition.
improved political relationships.
increased sources of raw materials.

Question

08-03-2021
Business

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All of the following are benefits of global business except
expanded business opportunities.
decreased competition.
improved political relationships.
increased sources of raw materials.

Sagot :

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sebastiansierraocm sebastiansierraocm · Answer 1 · 2021-03-13T19:53:02-05:00

sebastiansierraocm sebastiansierraocm

13-03-2021

Answer:

decreased competition

Explanation:

Decreased competition is not a benefit of global business. In fact, smaller competition is a characteristic of economies that are not very integrated to the global economy, because it is easier for a few companies (oligopoly), or a single company (monopoly) to dominate an economic sector in a smaller economies that has barriers to entry to possible foreign competition.

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