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One of the advantages of globalization is that there can be work outsourcing to developing countries. Labor and parts can be acquired at cheaper rates. However, one disadvantage is that it can lead LEDCs to risk its own Natural Resources like oil and rainforests just to supply for MEDCs.
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What does globalisation involve?
globalisation involves trade, migration, communication and shared culture.
Pros and cons of market globalisation?
I like big butts and I can not lie.
Major Approaches to Management?
globalisation, ethics, workforce diversity, e-business,entrepreneurship
What is Butler model?
The Butler Model is a model of tourism that represents tourism as the life cycle of a resort. It depicts tourism as exploitation of a resource. There are 6 stages -Exploration -Involvement -Development -Consolidation -Stagnation Then once it finsihes the model it can either go through -Decline or -Rejuvenation This model is based on MEDC tourism as it has to go through all of the stages LEDC's however can be kick started by TNC's from MEDC's. Hope this helps! :D :)
What are the Advantages of business letter?
what are the advantages of a business letter?
Is the Philippines an medcs or ledcs?
MEDC becuase its more economic developed country.
How does globalisation affect people in ledcs?
it makes led less developed and causes problems
What are the benefits of globalisation to MEDC's?
no it hasn't because in medc the factories close down to go to poorer countries where they don't have to pay the workers as much so all the people that worked in the factories in MEDC loose their jobs so globalisation doesn't have a good effect on medc.
Is pompeii a medc or ledc?
Pompeii is located in a country that is considered a MEDC (More Economically Developed Country) - Italy. Italy has a high standard of living, advanced infrastructure, and developed industries compared to countries classified as LEDCs (Less Economically Developed Countries).
Is Africa an LEDC or a MEDC?
In response to the other persons answer: * Africa is a continent, but yes, the countries in Africa are all LEDCs.
What are the arguments in favor of globalisation?
advantages include: - lower competition - comparative advantage - increase sales
Discuss the advantages and disadvantages of globalisation to small scale industries in India?
what are the advantages of small scale industries?
What are the advantages and disadvantages of globalisation in LEDCs?
== == There are some advantages to the primary industry such as: People get jobs and therefore, make money. It also provides them with shelter and food. However, there are also many disadvantages to the primary industry. These include: they get payed very little money and sometimes have to pay for their own shelter and food. Their shelter is also very cramped, sometimes with 4 beds and 6 or more girls or boys.
Is Asia an ledc or an medc?
Asia is a continent composed of less economically developed countries (LEDCs) and newly industrialized countries (NICs). Countries in Asia considered as LEDCs are Afghanistan, Bangladesh, Cambodia, Bhutan, East Timor, Lao People's Republic, Maldives, Burna (Myanmar), Nepal and Yemen. Asian countries consistently considered as NICs by many authors are China, India, Malaysia, the Philippines and Thailand. Some authors would include Indonesia to this list.
What is LEDCs and MEDCs?
LEDCs are non-industrial nationsMedc's are industrialized nationsMEDC- MORE ECONOMICALLY DEVELOPED COUNTRIESLEDC- LESS ECONOMICALLY DEVELOPED COUNTRIES
Is Egypt a MEDC?
No, Ethiopia would not be a MEDC.No, Ethiopia would not be a MEDC.No, Ethiopia would not be a MEDC.No, Ethiopia would not be a MEDC.No, Ethiopia would not be a MEDC.No, Ethiopia would not be a MEDC.No, Ethiopia would not be a MEDC.No, Ethiopia would not be a MEDC.No, Ethiopia would not be a MEDC.No, Ethiopia would not be a MEDC.No, Ethiopia would not be a MEDC.
Is argentina an medc or ledc?
Argentina is considered a middle-income country, so it falls between being a more economically developed country (MEDC) and a less economically developed country (LEDC). Its economy is diversified with a mix of agriculture, industry, and services, giving it a higher level of development compared to many LEDCs.
