How will organised sector be affected by Globalisation....
a 2 mark question..
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The organized sector have been largely affected by the globalization :
1 The organized sector covers those Enterprises where the terms of employment are regular and therefore people have assured work.
2. The local players in the organized markets are too small to withstand the cost efficiency of these huge companies are often seen to close down in the face of competition and low costs.
3. A large no. Of workers are forced to move from organized sector to unorganized sector.
4. While increasing globalization the conditions of laborers in organized workers becomes similar to that of those in unorganized sector.
I hope this helps u :)
1 The organized sector covers those Enterprises where the terms of employment are regular and therefore people have assured work.
2. The local players in the organized markets are too small to withstand the cost efficiency of these huge companies are often seen to close down in the face of competition and low costs.
3. A large no. Of workers are forced to move from organized sector to unorganized sector.
4. While increasing globalization the conditions of laborers in organized workers becomes similar to that of those in unorganized sector.
I hope this helps u :)
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