mention three merits and demirits of globalization?
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The Advantages and Disadvantages of Globalization for the...
Ability to tap into a wider talent pool. When fully taking advantage of globalization, you are no longer restrained by talent that is available in your city. ...
Cultural diversity. ...
Coaching and training. ...
Improved information between different countries. ...
Larger markets. ...
Higher standards. ...
Hollowing out of work. ...
Earnings changes.
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Developed countries can stifle development of undeveloped and under-developed countries.Economic depression in one country can trigger adverse reaction across the globe.It can increase spread of communicable diseases.Companies face much greater competition.
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