Question

Discuss any two problems that may arise due to Globalisation.

Answer 1

Threats due to globalisation:

1. Globalisation involves the rapid movement of capital, technology and managerial skills. Hence, leads to great pressure for structural adjustment.
2. Regional trading blocks and other forms of international protectionism, infrastructure bottlenecks, resource limitations, policy and procedural problems, high domestic costs, limited R and D and marketing research lack of experience in managing business abroad are other major constraints on the globalisation of Indian industry.