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14 January, 10:00

All of the following are benefits of global business except

A. expanded business opportunities

B. decreased competition

C. improved political relationships

D. increases sources of raw materials

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Answers (1)
  1. 14 January, 10:14
    0
    Global business, also known as international business, is doing business whether it be trades or transactions, globally. This can include goods, services, technology and knowledge.

    Decreased competition is not a benefit of global business because, in fact, doing business globally can bring on competition from around the world.

    Although opening up business internationally has a lot of benefits such as expanded business opportunities, improved political relationships and increased sources for raw materials they are entering new markets which causes more competition.
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