Question

state the effect of globalization in brief​

Answer 1

Answer:

Socially, globalization has had a problematic effect, making people and states more at risk and causing the state's role to change to encompass solving these issues and becoming a protector rather than a controller. The main example of globalization's negative state impact is the formation of terrorism.

Explanation:

Answer 2

Answer:

POSITIVE EFFECTS

• It would be rather difficult to discuss the extent of the positives that globalization has had on the world at large.
• But still, here are some of the positive effects of globalization and the positive impacts they have had on so many demographic segments of society.
• Cross-cultural management
• Global market.
• Most successful emerging markets in developed countries are a result of privatization of state owned industries.
• In order for these industries to increase consumer demand many of them are attempting to expand and extend their value chain to an international level.
• The impact of globalization on business management is seen by the sudden increase of number of transactions across the borders.
• In protecting yields and maintaining competitiveness, businesses are continuing to develop a wide range of their footprint as it lowers cost and enjoys economies of scale.
• Foreign trade
• Resource Imperative
• Foreign investment

NEGATIVE EFFECTS:

1. JOBS INSECURITY.
2. FLUCTUATION IN PRICES.
3. Unemployment
4. Spread of fast foods chain.