What has drastically reduced costs for firms operating globally?

The option highlighting the Internet as the choice that has drastically reduced costs for firms operating globally is accurate due to its transformative impact on communication, information sharing, and e-commerce. The Internet has enabled businesses of all sizes to operate more efficiently by facilitating real-time communication across vast distances. This connectivity allows companies to streamline their operations, reduce the need for physical infrastructure, and minimize travel expenses.

Additionally, the Internet has opened access to global markets, allowing firms to reach customers and suppliers worldwide without the significant costs previously associated with international trade. E-commerce platforms have further lowered barriers to entry, allowing even small businesses to compete on a global scale. Overall, the Internet has revolutionized how businesses operate, making them more agile and cost-effective in a competitive global environment.