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Globalization ADVANTAGES AND DISADVANTAGES FROM THE PERSPECTIVE OF THE MANUFACTURER* Adriana Mandolin Alexandru Loan Cuba University of IAI, Romania majolica AIC.RO Theodora Roman Alexandru Loan Cuba

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How to fill out globalisation advantages and disadvantages:

Advantages of globalisation:

1. Increased economic growth: Globalisation allows businesses to expand their reach and access new markets, leading to higher levels of trade and economic growth.
2. Access to diverse goods and services: Globalisation has made it easier for consumers to access a wide range of products and services from different parts of the world, providing greater choice and convenience.
3. Cultural exchange and diversity: Globalisation promotes the exchange of ideas, cultures, and knowledge between different countries, leading to cultural diversity and understanding.

Disadvantages of globalisation:

1. Economic inequality: Globalisation can exacerbate income inequalities between developed and developing countries, leading to a concentration of wealth in certain regions and leaving others behind.
2. Loss of domestic industries and jobs: As businesses seek lower production costs in other countries, domestic industries may suffer and face job losses, particularly in sectors that cannot compete on a global scale.
3. Environmental challenges: Globalisation has contributed to increased pollution, deforestation, and climate change due to increased production and transportation of goods across long distances.

Who needs globalisation advantages and disadvantages?

1. Students studying international business or economics will benefit from understanding the advantages and disadvantages of globalisation as it plays a significant role in the global economy.
2. Business professionals who are involved in international trade or expanding their business globally will find it important to be aware of the advantages and disadvantages of globalisation to make informed decisions.
3. Policy-makers and government officials need to understand the pros and cons of globalisation to develop policies that maximize its benefits while mitigating the potential negative impacts.
4. Non-profit organizations and activists working on issues such as labor rights, environmental sustainability, and social justice also need to understand the advantages and disadvantages of globalisation to advocate for fair and responsible global practices.

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What is globalisation advantages and disadvantages?

Globalization can lead to increased economic growth and cultural exchange, but it can also result in job loss and exploitation of workers.

Who is required to file globalisation advantages and disadvantages?

Businesses and organizations that are affected by globalization are required to consider and report the advantages and disadvantages of globalization.

How to fill out globalisation advantages and disadvantages?

To fill out globalisation advantages and disadvantages, one must carefully analyze the effects of globalization on their specific industry or sector and provide a balanced view of the pros and cons.

What is the purpose of globalisation advantages and disadvantages?

The purpose of reporting on globalisation advantages and disadvantages is to provide transparency and awareness of the impacts of globalization on various stakeholders.

What information must be reported on globalisation advantages and disadvantages?

Information such as economic impacts, cultural exchange, job creation or loss, environmental effects, and social implications must be reported on globalisation advantages and disadvantages.