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Question
Which of the following statements is/are true?
- Globalisation removes inefficiency among industrial firms, which become careless in the absence of competition.
- The activities of MNCs are spread across the countries.
Options
Only I
Only II
Both I and II
None of these
MCQ
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Solution
Both I and II
Explanation:
Globalisation brings foreign competition, investment, and modern technology that force firms to improve efficiency and productivity, removing complacency. MNCs split functions internationally are R&D, component production, assembly, and after‑sales services, so their activities are spread across different countries, lowering prices and improving quality.
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