how can businesses best take advantage of globalization?\nby increasing employment and production\nby…

how can businesses best take advantage of globalization?\nby increasing employment and production\nby communicating with suppliers and buyers\nby transporting resources from distant locations\nby streamlining equipment to increase production

how can businesses best take advantage of globalization?\nby increasing employment and production\nby communicating with suppliers and buyers\nby transporting resources from distant locations\nby streamlining equipment to increase production

Answer

Brief Explanations:

Globalization allows businesses to access a wider network of suppliers and buyers across the world. Effective communication with them can lead to better deals, new market - entry opportunities, and increased customer base, which are key benefits of globalization. Increasing employment and production alone may not fully utilize globalization. Transporting resources from distant locations is part of globalization but not the best way to take advantage. Streamlining equipment is more of an internal production - efficiency measure rather than a globalization - leveraging one.

Answer:

by communicating with suppliers and buyers