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Globalization in long term will cause more harm than good in view of job losses?
Globalization brings the world closer in terms of culture and economy. In recent days we have witnessed both the pros and cons of globalization. It had brought opportunities in terms of better income and employment in sectors like Information Technology to countries like India, China etc, at the same time outsourcing is seen as a cause of job loss in US. Just few years back the global economic meltdown had caused recession in economic activities across the world which has been closely knitted by globalization. Despite all these I feel globalization in long term will be beneficial to the world because though it might create job loss in some particular sector in some countries, overall it brings better business opportunities, smoother international economic activities and bigger unexplored global market thereby creating more jobs than before across the world benefiting all the countries.
Why do lower costs in other countries lead to job loss in the US?
Lower labor costs enable producers to export inexpensive products to the US, which would lead to job loss in the United States.
What is a job loss?
job loss is when you lose your job or get fired same thing.
How do people and companies do business differently because of globalization?
people work for less time in the world. How people use time and distance to make a job so it takes more time and globalization
What is a reccesion associated with?
A recession is associated with a slow economy and job loss.
Why has globalization led to some job loss in the United States?
Labor costs are lower in other countries.
Why has globalization led to some job loss in the U.S?
Labor costs are lower in other countries.
Globalization in long term will cause more harm than good in view of job losses?
Globalization brings the world closer in terms of culture and economy. In recent days we have witnessed both the pros and cons of globalization. It had brought opportunities in terms of better income and employment in sectors like Information Technology to countries like India, China etc, at the same time outsourcing is seen as a cause of job loss in US. Just few years back the global economic meltdown had caused recession in economic activities across the world which has been closely knitted by globalization. Despite all these I feel globalization in long term will be beneficial to the world because though it might create job loss in some particular sector in some countries, overall it brings better business opportunities, smoother international economic activities and bigger unexplored global market thereby creating more jobs than before across the world benefiting all the countries.
In which way globalization has changed managers job?
Globalization has changed the manager's job in many ways. For example, the ability to speak multiple languages is now more valuable in management.
Why do lower costs in other countries lead to job loss in the US?
Lower labor costs enable producers to export inexpensive products to the US, which would lead to job loss in the United States.
Which of these is mostly directly responsible for job loss in the US?
Cheap imported goods are responsible for job loss in the United States.
What is a job loss?
job loss is when you lose your job or get fired same thing.
Why do labor costs in other countries lead to job loss in the United states?
Lower labor costs in other countries lead to job less in the United States because it enables producers to undersell domestic producers.
What are the advantages of using computer system for working?
globalization,education and job creation
Why is job loss bad?
Because the loss of a job makes you jobloss, I mean job-less... :')
Why do lower labor cost in the other countries lead to job loss in the US?
Lower labor costs in other countries led to job loss in the United States because it is more cost efficient, the lower wages makes it less costly to have the same amount of workers.
Why job is better than bussince?
In job there is no risk of loss. but u may suffer from loss in business.
