Oligopolies are known as big businesses. Select an oligopoly, and discuss how globalization may have affected its resource allocation.

In the mobile phone market, there are four companies in complete control of the market. Apple, Samsung, and Huawei. Globalization has affected the way each of these businesses trades with their customers. For instance, Apple has customers across the world; this has forced the company to send some of its divisions to different regions to interact with different consumers. For instance, the marketing division is sent to the other areas where they can closely study, understand, and cater to the needs of the consumers. On the other hand, it has broken down the manufacture of its devices by designing them in the US and sending the designs for processing and assembly in China. Into the bargain, Apple's revenues have grown over the years since their products are able to sell into more regions. More than half of Apple's sales come from outside the US.