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Globazation, - Coggle Diagram
Globazation
Disadvantages
Increased Competition. Although free trade can increase a nation's wealth, it also increases competition.
Exploitation of Labor and Resources
Imbalanced Trade. ...
Domestic Job Loss.
Access to New Markets
Spread of Knowledge and Technology
Enhanced Global Cooperation and Tolerance
Promotes Economic Growth
Enhanced Global Cooperation and Tolerance
Advantages
Access to New Cultures.
The Spread of Technology and Innovation.
Lower Costs for Products.
Higher Standards of Living Across the Globe.
Access to New Markets.
International Recruiting.
International Recruiting.
Managing Employee Immigration.
Global Communication Challenges
International Employee Expectations