12th Class Business Studies Sample Paper Business Studies Sample Paper-7

  • question_answer
    Explain any three positive effects of liberalisation and globalisation on business and industry.

    Answer:

    The positive effects of liberalisation and globalisation on business and industry are: (Any three) (i) It provides world class technology. (ii) Export became matter of survival. (iii) Buyer's market increases in production capacity. (iv) Employment opportunity increases. (v) It helps in increase inflow of foreign capital. (vi) Removal of restrictions enables the firm to decide the price of goods and services.


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