Advertisements
Advertisements
प्रश्न
Assess any three advantages of globalization.
उत्तर
Merits of globalization are :
-
Local companies that supply raw materials to MNC's have prospered.
-
Globalization has enabled large Indian companies to emerge as a multinational. For example- Tata Motors, Infosys, etc
-
Globalization has also created new opportunities for companies providing services, particularly those involving IT.
-
Better quality of products arising from increased competition
-
Increases the purchasing power of an individual
-
Best practices of production get disseminated across political boundaries.
संबंधित प्रश्न
"Globalisation has been advantageous to consumers as well as to producers." Support the statement with suitable examples.
What are the two main ways of generating electricity? How are they different from each other? Explain.
Describe the role of Multinational Corporations (MNCs) in promoting globalisation process.
"A wide ranging choice of goods are available in the Indian markets." Support the statement with examples in context of globalisation.
Describe the conditions in which markets do not work in a fair manner.
Indian buyers have a greater choice of goods than they did two decades back. This is closely associated with the process of ______________. Markets in India are selling goods produced in many other countries. This means there is increasing ______________ with other countries. Moreover, the rising number of brands that we see in the markets might be produced by MNCs in India. MNCs are investing in India because _____________. While consumers have more choices in the market, the effect of rising _______________ and _____________ has meant greater _______________ among the producers.
The past two decades of globalisation has seen rapid movements in
How does foreign trade lead to integration of markets across countries? Explain with an example other than those given here.
Answer the following question:
Explain any five effects of globalization.
Analyze any five positive effects of globalization on the Indian economy.
