English

______ is the threat of globalisation. - Business Studies

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Question

______ is the threat of globalisation. 

Options

  • Job security in business

  • Additional capital requirement

  • Strategic alliances

MCQ
Fill in the Blanks
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Solution

Job security in business is the threat of globalisation.

Explanation:

Businesses frequently move their operations to nations with cheaper labour costs, which results in layoffs and uncertainty for workers in high-cost economies. This makes job security a serious danger to business as a whole. Social upheaval and economic instability may result in the impacted areas.

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Chapter 19: Globalisation - EXERCISES [Page 277]

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Goyal Brothers Prakashan Business Studies [English] Class 12 ISC
Chapter 19 Globalisation
EXERCISES | Q I. B. 4. | Page 277
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