McqMate
| Q. |
Which among the following has the least possibility of globalization? |
| A. | selection of labour force |
| B. | location of capital works |
| C. | to manage resources for investment |
| D. | increase in infrastructure |
| Answer» B. location of capital works | |
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Explanation: Globalization can affect the labor market by increasing capacity of developing countries to create new opportunities for work and production following the alleviation of price distortions with respect to both labor and capital. Globalization on business management is interconnection of international markets and managing businesses in a global industry. This includes management of resources for foreign investments whereby a company expands its business and invests in foreign countries. Globalization means inter-linkage among the countries of the globe. This can only happen when infrastructure is in proper shape. A well- developed infrastructure is an indispensable condition for faster globalization. |
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