a fierce competitor in the global business environment.
Explain the role of an economist
Globalisation is good because it helps in every field whether it is economical,political,industrial or professional
Fair globalisation would create opportunities for ALL &also ensure that the benefits of globalisation would be shared better.
Liberalisation is to relax regulations on social or economic policies (usually economic). Privatisation is the process of transferring a public sector industry over to the private sector. Globalisation is the unification of the global markets by relaxing protectionist trade policies and integrating markets.
Globalisation is a system which processes economical. Markets are being increasingly globalized
To make teeth fall off and breed pokemon
Transnational corporations play a significant role in globalization by expanding their operations across borders, integrating economies, transferring technology and knowledge, and fostering economic interconnectedness. They contribute to the flow of goods, services, and capital globally, impacting both local economies and global markets. However, they also face challenges related to ethical and social responsibilities, environmental sustainability, and uneven distribution of benefits.
gibberish
Explain the role of an economist
Globalization has increased interconnectedness between countries through trade, communication, and technology, leading to a more interdependent world. This has both positive and negative effects on international relations, as it can promote cooperation and economic growth, but also lead to challenges such as inequality, cultural homogenization, and competition for resources. Overall, globalization has transformed the landscape of international relations by shaping how states interact and cooperate on a global scale.
because it helps us in communication and like this the abilities of mobile phone is great souce of globalisation
It has simply done nothing
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MNCs (multinational corporations) and the WTO (World Trade Organization) are similar in that they both operate across borders. MNCs engage in business activities in multiple countries, while the WTO is an international organization that promotes and regulates global trade. Both MNCs and the WTO play a significant role in facilitating the movement of goods, services, and investments on a global scale.
Components of globalisation are as follows: 1. globalisation of market 2. globalisation of production 3. globalisation of technology 4. globalisation of investment
There is no distinction between an MNCs & a domestic company in India policy regarding MNCs is the same as for Foreign Private Capital in indie. Large & dominant MNCs along with Indian Companies are covered under MRTP Act. MNCs are specifically covered under Foreign Exchange Management Act (FEMA).Now, we study the operation of MNCs in India:1.) Profit Maximisation.2.) International Network of marketing.3.) Diversification Policy.4.) Concentration in Consumer goods.5.) Location of central control offices.6.) Techniques to achieve Public Acceptability.7.) Existence of Modern & Sophisticated Technology.8.) Business but not social Justice.9.) MNCs & Process of planned Economic Development in India.10.) Cultural Explosion.Read more: What_is_the_role_of_Multinational_companies_in_India
One of the many roles MNC's play in globalization is to control production in more than one country.