Question

The impact of globalisation has not proved beneficial for all.” Do you agree with this statement? Give two reasons in ​

Answer 1

Answer:

Globalization is an established part of the modern world, so most of us do not realize the benefits it brings to our everyday lives—such as easy access to a variety of different cuisines or new technologies developed by countries half a world away.

Even though globalization makes our lives better, it does bring some challenges as companies start to grow and expand across borders. Cultural differences around the world are undeniable. These differences create hurdles for businesses entering foreign markets and necessitate changes to their daily business operations, whether it’s employing workers in a new region or communicating the value of their product to a new audience.

Keep reading to learn more about the benefits and challenges of globalization, and how businesses navigate these difficulties to reach their global expansion goals.

If you wants to short this answer you will