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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]
