Advantages Of Globalization
• Free buying and selling between nations Increased.
• Worldwide mass media connects the world.
• Increased flow of communications by allowing information sharing between persons and organizations around the world.
• People are exposed to culture and because of this they can discovery new ways to improve themselves.
• Greater simplicity and pace of transporting goods and services.
• Companies have greater flexibility to operate across borders
• Decrease of cultural barriers give rise to global community effect
• Products or serves for selling have a huge market.
• Decrease the probability of war between developed nations
• World is now close and now every thing about one another
• Increased number of jobs world wide.
• One have a greater access to the world
Disadvantages Of Globalization
• Some people might lose their cultural traditions due to the existing ruling culture.
• As organizations want cheap labour so Globalization increased transfer of skilled and non-skilled jobs to developing from developed countries.
• Spread of a worldly lifestyle and approach International figures like the World Trade Organization violate national and individual control
• Greater risk of viruses being transferred accidentally between nations.
• Because of Globalization Human resource control and span increases as well.
• Free buying and selling between nations Increased.
• Worldwide mass media connects the world.
• Increased flow of communications by allowing information sharing between persons and organizations around the world.
• People are exposed to culture and because of this they can discovery new ways to improve themselves.
• Greater simplicity and pace of transporting goods and services.
• Companies have greater flexibility to operate across borders
• Decrease of cultural barriers give rise to global community effect
• Products or serves for selling have a huge market.
• Decrease the probability of war between developed nations
• World is now close and now every thing about one another
• Increased number of jobs world wide.
• One have a greater access to the world
Disadvantages Of Globalization
• Some people might lose their cultural traditions due to the existing ruling culture.
• As organizations want cheap labour so Globalization increased transfer of skilled and non-skilled jobs to developing from developed countries.
• Spread of a worldly lifestyle and approach International figures like the World Trade Organization violate national and individual control
• Greater risk of viruses being transferred accidentally between nations.
• Because of Globalization Human resource control and span increases as well.