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Q.

[[1]] has created new opportunities for companies providing services like information technology.


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Detailed Solution

Globalisation has created new opportunities for companies providing services like information technology.
Globalisation connects countries, but it results in greater competition among producers. But there are several benefits of globalisation, like it has enabled several companies in India to emerge as MNCs like Infosys, Tata motors, etc. Globalisation has solved the problem of unemployment by creating a lot of opportunities in the service sector. Now the people of our country have a wide variety of goods and services to choose from, and this wide variety of choices was not available to the people of our country before globalisation.
The Standard of the products has increased, and many small companies also collaborated with large companies or MNCs.
 
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