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Globalisation - Coggle Diagram
Globalisation
People
Impact on employment
For employees
Loose job
Developed countries
Job security threatened
Gain job
Developing countries
Quality of employment?
Race to the bottom
Lower employment standards
For employers
International competition
Cheaper production
Scales of economies
Outsource labour intensive
Greater profits
Growth
Further employment opportunities
Supply chain design
New technologies
Fewer employees needed
Service professions
FDI
Corporate Social Responsibility
Control suppliers
Control work conditions
Contractor tracability
Offshoring jobs
Cheaper labour
Ethical issues
Sweatshops
Child labour
Modern slavery
Increased integration
Across nations
Marketing