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By Team Work Globalization Globalization is the process of integration and exchange of economic, social, and cultural aspect of people beyond national boundaries. Meaning of Globalization and its Advantages and Disadvantages Globalization refers to the situation when individuals, groups, associations, businesses, social organizations work on international scale.
For example, various social service organizations are working at international level for improving the living condition of the people belonging to socially deprived classes.
Improved transport system, particularly airways and seaways, have to be credited for massive globalization. Movement between countries has become a matter of few hours. The increased clarity over international laws have promoted businesses to go beyond national limits.
The telecommunication infrastructure and internet has made the world even smaller. The recent technological inventions has brought down the cost of voice conferencing. International webinars are held now and then.
Due to deep penetration of Internet, even small eCommerce companies are making cross-border transactions. An increased sense of humanity, and the brotherly feeling towards global community, has inspired organization to serve people around the world.
Movement of people to foreign countries a for education in international universities, and b for looking for better job opportunities.
For example, Indian people form the largest diaspora in the world. Economic Globalization In the present age of globalization, the economy of countries are inter-dependent. If the economy of one country fall in danger, other countries also feel the pain. Businesses are engaged in international transactions.
Export-import among countries involves a massive amount of money. For example, China has become a massive manufacturing hub. The electronic goods manufactured in China are sold across almost every country of the world.
Multinational-companies have economic interest across several nations. They have big market and make huge investment in foreign countries. A decline in demand in one country affects the overall performance of these companies. Cross-border merger and acquisitions Due to Globalization, there has been an increase in cross-border Merger and acquisitions.
Tata Steel, an Indian company, had acquired Corus British steel making company. Mittal Steel had taken over another steel company Arcelor in The merged entity, ArcelorMittal became the largest steel producer in the world. Many BPO services are provided from remote places.
Their services are hired by companies around the world. Due to Globalization, the world is getting smaller every day. Cultural exchange and philanthropic activities As a result of globalization, we see cultural exchange among communities. People get the opportunity to exchange ideas and adopt better means of living.
For example, the western culture is adopting traditional meditation practices of the east. The eastern people are following the fashion trend of the west. In a global environment, the cultures merge and assimilate together. Many philanthropic and social organisation are promoting the concept of universal brotherhood.
They work for the betterment of entire humanity. They work towards improving the living condition of poor people. They also donate on health programs. Environmental and other global issues Various environmental issues have emerged as Global issues.
Global warmingair pollution, soil pollution, deforestationetc.
The countries are interdependent on each other. The need of the hour is to act together against various environmental and other Global issues so as to ensure a safer world.Globalization or globalisation is the process of interaction and integration between people, companies, and governments initiativeblog.comization has grown due to advances in transportation and communication technology.
With increased global interactions comes the growth of international trade, ideas, and initiativeblog.comization is primarily an economic process of interaction and integration that. TOPIC-7 [Role of women and women’s organization, population and associated issues, poverty and developmental issues, urbanization, their problems and their remedies.] For India specific women related issues download this beautiful report (PLATFORM FOR ACTION-REPORT ON INDIAN WOMEN -DOWNLOAD FROM HERE) where you can find everything you want to learn about Women’s issues.
This bar-code number lets you verify that you're getting exactly the right version or edition of a book. The digit and digit formats both work. Globalization Essay 3 ( words) Globalization is the spreading of anything worldwide. However, generally it is the process of globalizing products, businesses, technologies, philosophies, etc all through the world.
Essay on Effects of Globalization on Indian Economy! It means to open the Trade and Economy for the international players.
In other words, every manufacturer or producer of goods can compete for sale of their products without . These Essays are written in very simple and easy language using very easy words. These are easily understandable by any student. Such essays may help and motivate students to know about the Indian cultures, heritages, monuments, famous places, importance of teachers, mothers, animals, traditional festivals, events, occasions, famous personalities, legends, social issues and so many other topics.