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What are benefits of globalization to a business enterprise?

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Benefits of globalization to a business enterprise include;

  • Facilitates application of better technology for improved products.
  • Encourages collaboration among businesses from different countries.
  • Makes it possible to share new production techniques.
  • Facilitates sharing of research binding.
  • Enables business enterprises to take advantages of resources found in other parts of the world.
  • Wider markets.
  • Leads to transfer of capital from rich states to poor countries
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