Question

A company that used to be based solely in the United States now has factories in the United States plus Mexico, Guatemala, and Indonesia. Which key dynamic of globalization is at work in this example?

Answer 1

Answer:

flexible accumulation

Explanation:

Flexible accumulation is the application of flexible strategies, taking advantage of the globalization era, with leverage of industrial technologies as well as flexible organizational structures to make profit. Companies use this more frequently now as the world has become a global village in which one company could penetrate all markets across the world. This is more advantageous for bigger companies.