Globalization is beneficial for firms because: / » Management of International Business solved MCQs / By admin Question: Globalization is beneficial for firms because: A. It protects them against foreign competition. B. It cushions them from the effects of events in other countries. C. It opens up new market opportunities. D. It increases the risk and uncertainty of operating in a globalizing world economy. Answer» b. It cushions them from the effects of events in other countries. Note: The above multiple-choice question is for all general and Competitive Exams in India.