Which of the following is an example of an economic change brought about by globalization

A) increases in the frequency of worldwide fads and phenomena

B) development of low-cost computing platforms

C) availability of low-cost communication systems

D) increases in the outsourcing of labor

E) decentralization of organizations

Question

Business

Rayne

2 September, 22:59

Which of the following is an example of an economic change brought about by globalization

A) increases in the frequency of worldwide fads and phenomena

B) development of low-cost computing platforms

C) availability of low-cost communication systems

D) increases in the outsourcing of labor

E) decentralization of organizations

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Answers (1)

Know the Answer?

Chelsea Cohen · Answer 1

D) increases in the outsourcing of labor

Explanation:

Globalisation is the process by which business develop operations internationally. It involves integration of people, business and governments.

Outsourcing of labor involve hiring of manpower outside an organisation to carry out some job functions.

Because of the variety of talent available globally, and the reduced overhead costs, more businesses are outsourcing job functions.