What is a benefit of globalization?

Definition of Globalization Benefits:

Globalization allows organizations to expand their operations globally, gaining access to diverse markets and resources, including new talent pools from different regions.

Key Benefit:

Accessing new talent pools enables businesses to tap into a diverse workforce with varied skills, fostering innovation and improving operational efficiency.

Incorrect Options Analysis:

A. Costs associated with new geographic areas: This is a challenge, not a benefit.

B. Adherence to regulatory requirements: This is an obligation, not a benefit.

C. Increased competition: This is a consequence of globalization, but not a direct benefit.

References and Documents of Information Technology Management:

"Global Workforce Management" (Harvard Business Review).

ITIL Global IT Strategy Framework (Axelos).