One major factor that has stimulated the globalisation process is

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Availability of cheap labor

Demand from domestic markets

Rapid improvement in technology

Reduced costs of production

answer is C.

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Detailed Solution

One major factor that has stimulated the globalisation process is the rapid improvement in technology.
The interlinking of countries is known as globalization, and one of the primary factors that have helped this interlinking to a great extent has been the services of information and communication technology, e.g., telecommunications, computers, the internet, etc.
Globalization facilitates the movement of goods and services, technology and investments, and workforce across the globe. Over the past two decades, investments and technology have been moving across the world for cheaper and better production methodologies, and goods and services move all over the globe in trade.

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