of people jobless. tags: business, national markets. 1.2.1 Advantages of globalisation, staying in one country is not a good method to remain competitive, so the New Balance Corporation chooses to launch a strategy to distribute all over the globe. The highly specialized and efficient multi-national companies take advantages of large-scale production and put products at throwaway prices. Besides that, the disadvantages also include differences in consumer patterns such as needs and wants that is influence by their regional. The well train workers are train to perform different jobs and tasks. Stiglitz once said, Development is about transforming the lives of people, not just transforming economies (Stiglitz 2006). The adverse effect of globalization is not restricted to financial and economical imbalance. Expand the products to worldwide will be a global marketing advantage.
Advantage and disadvantage of globalisation essay
Better Essays 1020 words (2.9 pages). Rich and wealthy people are able to exercise more control over the national resources through the application of science and technology. Length: 1065 words (3 double-spaced pages rating: Better Essays, essay Preview. It gives us clear knowledge of facts and things. Differences in legal concerns may also create conflict to the home market. Furthermore, the flexibility of corporations to operate across borders increases. When the consistency in brand image is achieved, the brand will became famous and popular. This will help to identify what consumer needs and wants for their product.
Advantages And Disadvantages Of Globalisation Essay - 764 Words
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