ENTREPRENEURSHIP

Detailed explanation-1: -false as globalization leads to variety of purchasing options.

Detailed explanation-2: -In general, globalization decreases the cost of manufacturing. This means that companies can offer goods at a lower price to consumers. The average cost of goods is a key aspect that contributes to increases in the standard of living. Consumers also have access to a wider variety of goods.

Detailed explanation-3: -Globalization allows companies to find lower-cost ways to produce their products. It also increases global competition, which drives prices down and creates a larger variety of choices for consumers. Lowered costs help people in both developing and already-developed countries live better on less money.

Detailed explanation-4: -Advantages of globalisation for consumers: They have greater choice. Better quality of products are available for consumption due to competition. It has reduced the cost of goods and services considerably. Advantages of globalisation to producers: They now have access to international markets for their products.