Practicing Success
Globalisation means the integration of the various economies of the world leading towards the emergence of a cohesive global economy. Till 1991, the Government of India had followed a policy of strictly regulating imports in value and volume terms. These regulations were with respect to |
What is mentioned as a key factor enabling businesses to serve customers in distant geographical markets in the era of globalization? |
Strict government regulations Technological advancements Political boundaries Export promotion policies |
Technological advancements |
The passage attributes the ability of businesses to serve distant geographical markets in the era of globalization to rapid advancements in technology. |