Globalization

What is it?

Globalization is talking to a different group of people between different companies and different nations, this process can take place because of different trades and investments, this process can effect the culture, envirment and also could effect political systems


Cons

1. can cause unbalanced growth between and within nations.

2. Independent companies, orgs and employees can be disadvantaged.

Increased globalization has been involved in a couple of environmental challenges

Pros

1. access to different and experience new cultures in different regions

2. Can increase the standard of living and gain cheaper consumer prices


3. Can be a access point for new foreign recruitment for your business


4. Can let 3rd world countries develop further and industrializes