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Question : How has globalization affected markets?

 

Option 1: By reducing international trade

 

Option 2: By increasing local cultural practices

 

Option 3: By standardizing products and services worldwide

 

Option 4: By decreasing the influence of multinational corporations

 


Team Careers360 11th Jan, 2024
Answer (1)
Team Careers360 13th Jan, 2024

Correct Answer: By standardizing products and services worldwide

 


Solution : Globalization has affected markets by standardizing products and services worldwide, leading to a convergence of consumer preferences and business practices.

 

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