How are companies providing services benefitted by globalisation?

How are companies providing services benefitted by globalisation?

Answer:

  • Globalisation has also created new opportunities for companies providing services, particularly those involving IT.
  • There are Indian companies which are producing magazines for the London-based companies and call centres are also existing due to globalisation only.
  • Besides, a host of services such as data entry, accounting, administrative tasks, engineering are now being done cheaply in developing countries such as India and are exported to the developed countries.