warehouselesno.blogg.se - Impacts of globalization pdf

Global competition has led to the production of improved quality of goods.The wealth produced using these resources are then, utilized for the economic growth of the developing nations. The natural resources and manpower from the developing nations are utilized by the developed nations. Globalization has led to the interdependence of the developing and developed nations.Sharing of the ideas, cultures, experiences, and ideas became more convenient because of globalization.This would not have been possible without globalization.

Through social media platforms, the marketers can promote their products easily across the world.

Marketing and advertising have become a lot easier with the technology.

The internet has helped them to seek potential clients from all over the world. The innovations in the technology, transportation, and communication have helped them to enter into the international markets.

Various small-scale and large-scale businesses have flourished with the help of globalization.It creates awareness in people about the events happening in and around the world.With the increased number of jobs and high salaries, people can easily raise their standards of living.People have also gained opportunities to get trained and become skilled professionals. With the arrival of globalization, more job opportunities have been created.