Business Studies, asked by ManAgam9760, 1 year ago

What is globalisation.explain the problems of business organisation with reference to impact of globalisation?

Answers

Answered by rajk7489416gmailcom
0
the method of integration of more than two countries by foreign trade and foreign investment by MNCs is known as globalization.

following are the impact of globalisation :-
1.) flexible employment (employment on the temporary basis is known as flexible employment).
for example :-garment industry
=most of the country like USA and Canada order the indian garment industry to provide garment to them in less amount.
in order to fulfill their requirement and maintain own industry GDP they reduce the payment of workers.in short, fixed employment changes to flexible employment.
2.) globalization led to threat to small producer.
3.)due to globalisation,most of the worker from organised sector seems to be unorganized because they no longer enjoy the earlier privileges.i.e, sunday holiday ,medical facilities and so on.
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