Sven Is a Senior Vice President at a Textile Manufacturer

Multiple Choice

Sven is a senior vice president at a textile manufacturer that wants to move from being 20 percent globalized to 70 percent globalized in the next 10 years. What are some possible drawbacks that Sven's company must anticipate?

A) None. All political and economic factors point to the rise of globalization.
B) Rising wages may cancel out cost savings of access to low-cost input factors.
C) Governments may lower barriers to international trade.
D) Improved communication technology may lead to longer production cycles.