Duranajenemayviz
Answered

what could be the advantage and disadvantage of a global competition in terms of product and production?

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Sagot :

Shanecarissechuaviz

Answer:

ADVANTAGES

  • although, global competition forces lessen your market share, it can also make you to become better business
  • its good to have choices. the more competitors there are trying to offer you food or personal hygiene products, the more options you'll have.

DISADVANTAGES

  • competition decreases your market share and shrinks your customer base, especially if demand for your products or services is limited from the start
  • because competition can be hard on businesses, it may harm companies you regularly support.

i hope tama po hehe