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.
Describe the impact of globalization on Indian economy with examples.
What is globalisation?
Describe the role of Multinational Corporations (MNCs) in promoting globalisation process.
How has information and communication technology stimulated the globalisation process? Explain with examples.
What do you understand by globalisation? Explain in your own words.
The past two decades of globalisation has seen rapid movements in
Globalisation has led to improvement in living conditions.
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.
