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    Advantages and Disadvantages of Globalization

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    TRISH CUCUMBER
    Globalization now a days was a major problem in the industry. in this presentation you will find how it will work for the companies capabilities.

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    Advantages and Disadvantages of Globalization

    Uploaded by

    TRISH CUCUMBER
    1K views20 pages
    Globalization now a days was a major problem in the industry. in this presentation you will find how it will work for the companies capabilities.

    Copyright

    © © All Rights Reserved

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    PPTX, PDF, TXT or read online from Scribd

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    Globalization now a days was a major problem in the industry. in this presentation you will find how it will work for the companies capabilities.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    1K views20 pages

    Advantages and Disadvantages of Globalization

    Uploaded by

    TRISH CUCUMBER
    Globalization now a days was a major problem in the industry. in this presentation you will find how it will work for the companies capabilities.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 20

    Advantages

    of
    Globalization
    Peaceful Relation

    Most of the countries have resorted to trade


    relations with each other in order to boost their
    economy, leaving behind any bitter past
    experiences if any.
    Employment

    The most crucial advantages, globalization has led


    to the generation of numerous employment
    opportunities. Companies are moving towards
    the developing countries to acquire labor force.
    Education

    – A very critical advantage that has aided the


    population is the spread of education.
    Product Quality

    – The Product quality has been enhanced so as to


    retain the customers.
    Cheaper Prices

    – Globalization has brought in fierce competition


    In the markets.
    Communication

    – Every single information is easily accessible from


    almost every corner of the world. Circulation of
    information is no longer a tedious task, and can
    happen in seconds.
    Transportation

    – Considered as the wheel of every business


    organization, connectivity to various parts of the
    world is no more a serious problem.
    GDP Increase

    – Gross Domestic Product, commonly known as


    GDP, is the money value of the final goods and
    services produced within the domestic territory
    of the country during an accounting year
    Free Trade

    – Free Trade is a policy in which a country does not


    levy taxes, duties, subsidies or quota on the
    import/export of goods or services from other
    countries.
    Travel and Tourism

    – Globalization has promoted tourism to great


    heights. International trade among different
    countries also helps in increasing the number of
    tourist that visit different places around the world
    External Borrowing

    – With the help of globalization, there is


    opportunity for corporate, national and sub-
    national borrowers to have better access to
    external finance, with facilities such as external
    commercial borrowing and syndicated loans.
    Disadvantages
    of
    Globalization
    Health Issues

    – Globalization has given rise to more health risk


    and presents new treats and challenges for
    epidemics.
    Loss of Culture

    – With large number of people moving into and out


    of a country, the culture takes a backseat.
    Uneven Wealth Distribution

    – It is said that the rich are getting richer while the


    poor are getting poorer. In the real sense,
    globalization has not been able to reduce poverty.
    Environment Degradation

    – The industrial revolution has changed the outlook


    of the economy. Industries are using natural
    resources by means of mining, drilling etc. which
    puts a burden on the environment.
    Disparity

    – Though globalization has opened new avenues


    like wider markets and employment, there still
    exists a disparity in the development of the
    economics.
    Conflicts

    – It has given rise to terrorism and other forms of


    violence. Such acts not only cause loss of human
    life but also huge economic losses.
    Cut-throat Competition

    – Opening the doors of international trade has


    given birth to intense competition. This has
    affected the local markets dramatically.

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