Question

West Electronic Corporation sources goods and services for its electronics products from the different locations around the globe in an attempt to take advantage of differences in the cost and quality of labor and land. This practice demonstrates the:

A) dislocation of a developing nations economy
B) regulation of the environment
C) globalization of markets
D) globalization of production

Answer 1

Answer: (D) Globalization of production

Step-by-step explanation:

The globalization of the production is the process of sourcing the various types of products and the services which involve the capital flows and the trading worldwide.

The production of the various types of products and the services at very low cost is one of the main advantage of the globalization.

According to the given question, the globalization of production is one of the practicing that helps in demonstrating the given west electronic corporation situation.

Therefore, Option (D) is correct answer.