Question

Compare the merits and demerits of Globalization and Glocalization

Answer 1

Explanation:

Advantages of Globalization: Resources of different countries are used for producing goods and services they are able to do most efficiently. Consumers to get much wider variety of products to choose from. Consumers get the product they want at more competitive prices.

Answer 2

Answer:

Globalization pulls the countries out, from their detachment into the competitive world. A journey towards new collaborations and unity, it has changed the world into a global village. Both distance and isolation have been terrifically reduced.