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    Gray Minimalist Business Proposal Presentation

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    Lanah Krizten Aspero
    The document discusses the advantages and disadvantages of globalization. It defines globalization as the increasing interconnection of the world's economies, facilitated by technology and the movement of capital, goods, services, people and information across borders. Some key advantages mentioned are access to new markets, the spread of knowledge and technology, enhanced global cooperation and economic growth. Some disadvantages discussed are increased competition, exploitation of labor and resources, imbalanced trade, and domestic job loss. The document provides references at the end.

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    Gray Minimalist Business Proposal Presentation

    Uploaded by

    Lanah Krizten Aspero
    14 views9 pages
    The document discusses the advantages and disadvantages of globalization. It defines globalization as the increasing interconnection of the world's economies, facilitated by technology and the movement of capital, goods, services, people and information across borders. Some key advantages mentioned are access to new markets, the spread of knowledge and technology, enhanced global cooperation and economic growth. Some disadvantages discussed are increased competition, exploitation of labor and resources, imbalanced trade, and domestic job loss. The document provides references at the end.

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    The document discusses the advantages and disadvantages of globalization. It defines globalization as the increasing interconnection of the world's economies, facilitated by technology and the movement of capital, goods, services, people and information across borders. Some key advantages mentioned are access to new markets, the spread of knowledge and technology, enhanced global cooperation and economic growth. Some disadvantages discussed are increased competition, exploitation of labor and resources, imbalanced trade, and domestic job loss. The document provides references at the end.

    Copyright:

    © All Rights Reserved
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    14 views9 pages

    Gray Minimalist Business Proposal Presentation

    Uploaded by

    Lanah Krizten Aspero
    The document discusses the advantages and disadvantages of globalization. It defines globalization as the increasing interconnection of the world's economies, facilitated by technology and the movement of capital, goods, services, people and information across borders. Some key advantages mentioned are access to new markets, the spread of knowledge and technology, enhanced global cooperation and economic growth. Some disadvantages discussed are increased competition, exploitation of labor and resources, imbalanced trade, and domestic job loss. The document provides references at the end.

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    of 9

    MARCH 2023

    TNCT

    GLOBALIZ
    ATION
    ADVANTAGES AND DISADVANTAGES
    WHAT IS
    GLOBALIZATION?
    Share your perspective on globalization
    GLOBALIZA
    TION
    The interconnection of the world's economy is referred to as
    globalization. Technology, cross-border commerce in products and
    services, and the movement of capital, people, and information all
    contribute to its development. Globalization opens up access to
    resources, labor, and money for business.
    Globalization is mainly related to the economy, as inevitable as change, it plays

    WHY IS an important role in evolution and development.


    "It has been said that arguing against globalization is like arguing against the
    laws of gravity." -Kofi Annan

    GLOBALIZATION
    ADVANTAGES AND
    DISADVANTAGES
    Like every other concept, advantages and disadvantages must be taken
    into consideration. Not only this provides an in-depth understanding,
    but it also provides a varying perspective to avoid bias and
    misconception.

    The advantages and disadvantages of globalization are of equal


    importance. With the advantages providing an over view of what
    globalization has brought about and the latter showing consequences.
    • Access to New Markets
    Globalization allows businesses to expand into new markets, reach
    international buyers, and increase revenue.

    2. Spread of Knowledge and Technology

    ADVANTAGES
    Companies must share technology and a centralized base of knowledge
    to collaborate globally and develop innovative solutions.

    3. Enhanced Global Cooperation and Tolerance


    Globalization enables countries to specialize and trade for other
    resources.

    4. Promotes Economic Growth


    Globalization enhances economic growth by distributing resources more
    efficiently and promoting complementary reforms in capital and financial
    development.
    DISADVANTA
    Increased GES
    Exploitation of Imbalanced Domestic Job
    Competition Labor and Trade Loss
    Resources
    Free trade increases Developed countries A trade imbalance is Outsource labor creates a
    competition, exploit weak labor and when a country spends shortage of jobs, leading
    putting local environmental laws, more on imports than to higher unemployment
    businesses at a leading to environmental exports, resulting in a and difficulty adapting to
    disadvantage. damage and human rights shortfall in capital. changing labor markets.
    abuses.
    References

    Prevaly, S. (2023, February 21). The key advantages and disadvantages of globalization. MotionPoint. Retrieved March
    27, 2023, from https://www.motionpoint.com/blog/advantages-and-disadvantages-of-globalization-preparing-for-
    expansion/?fbclid=IwAR2gzTJGWwCcq129ML9ULv8ZSkuU96gX9-vGchNAtx1yBNfn2BMh4mAjaYw

    Top 25 quotes by Oliver Reed: A-Z quotes. A. (n.d.). Retrieved March 27, 2023, from
    https://www.azquotes.com/author/12172-Oliver_Reed

    Victor. (2016, September 20). Home. ImportantIndiacom. Retrieved March 27, 2023, from
    https://importantindia.com/23699/globalization-its-meaning-and-importance/
    THANK YOU
    Almine, Liezel Jane B.
    Pascua, Karen Joy
    San Juan, Dennis John

    Trends, Networks, and Critical Thinking in the 21st Century

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