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List any two opportunities that globalisation has brought in. - Business Studies

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Question

List any two opportunities that globalisation has brought in.

Short Answer
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Solution

Below are the two opportunities that globalisation has brought in:

  1. Spread of Technology: Information and new technologies spread rapidly because countries are becoming more and more linked to each other. New scientific discoveries made in Asia can be used in the US as well, given how quickly information moves.
  2. Access to Emerging Markets: Globalization offers businesses many advantages, including new clients and a broader range of revenue streams. Businesses seeking these advantages seek adaptable, creative methods to expand internationally.
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