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“Globalisation is a mixed blessing.” Explain. - Business Studies

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प्रश्न

“Globalisation is a mixed blessing.” Explain.

स्पष्ट करा
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उत्तर

  • Globalisation presents both opportunities and challenges, making it a mixed blessing. Positively, it boosts access to international markets, technology, and money while also encouraging economic growth and job creation.
  • Through greater competition, it lowers prices, promotes cross-cultural interaction, and enhances product quality. However, there are drawbacks as well, such as economic disparity, cultural damage, environmental harm, and job losses in industrialised nations as a result of outsourcing.
  • Local industries may be eclipsed by global brands, and small enterprises may find it difficult to compete with multinational corporations.
  • All things considered, globalisation has changed economies and societies, but it still needs to be carefully managed to maximise its positive effects and minimise its bad ones. 
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पाठ 19: Globalisation - EXERCISES [पृष्ठ २७८]

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गोयल ब्रदर्स प्रकाशन Business Studies [English] Class 12 ISC
पाठ 19 Globalisation
EXERCISES | Q III. 3. | पृष्ठ २७८
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