Question

Question 3 Unsaved Explain which globalization forces are the most significant for decisions made by major car manufacturers?

Answer 1

The factors can be:

1. Availability of raw materials: if the raw materials are readily available, it is easier for the firm to set up the factory.

2. Availability of cheap and skilled labour: it helps in higher productivity at a lower cost.

3. Availability to trafitr route:

Proximity to a port increases the export of the firm.

4. Domestic laws and regulations: the ease of doing business helps them to do the work more rapidly without any hassle from the government.