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Based on the text, many companies are interested in expanding globally in order to Multiple Choice utilize export embargoes to increase business. implement tariffs and import quotas. increase the diversity and creativity of their workforce. gain access to natural resources, new markets, and a diverse workforce. gain access to supplies, new markets, and lower labor costs.

Respuesta :

Answer:

Gain access to supplies, new markets and lower labor costs.

Explanation:

Globalization has made companies to shift their operations globally, because they see a competitive advantage of expanding abroad.

  • Companies usually shift in less developed countries to find cheap manufacturing, sometimes gives them a new market to sell their product which has less value in their own market.

Take example of Zara: It has it's manufacturing plant in Bangladesh, because the labor cost there is low as compared to other countries. Which helps Zara in reducing their costs.

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