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Report on Advantages and Disadvantages of Globalisation

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Added on  2020-06-04

Report on Advantages and Disadvantages of Globalisation

   Added on 2020-06-04

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Contemporary ThemesAS2 Report
Report on Advantages and Disadvantages of Globalisation_1
Advantages (125 words)Disadvantages (125 words)Market diffusion – The Globalisation helps inflowing the economy at a more impulsivepace, in which goods and cab be used allaround the world. Globalisation also helps intrading products across different countries atreasonable prices. Great ideological diversification –Globalisation is a great weapon againsttechnological, philosophical and scientific andbackwardness. Concept of Globalisation helpsvarious countries or market to adopt newtechnologies and new techniques in tradingproducts and services.(HirstThompson andBromley,2015)Transmission of cultural values –Globalisation also makes it possible to spreadvarious cultures that was earlier not known orpopular. Globalisation helps people differentThreat to national and local economies – it hasbeen criticized that globalisation is a means toinflict themselves on minor economies.Globalisation can be issue for local as well asnational economies. Universal morality: a danger to religions –Globalisation can be a danger to variousreligions all around the world, during thetrading practices in global market it is importantfor the people to understand and respect thebeliefs or cultural values of all countries andreligion.Neo-colonialism and Neo-imperialism – withglobal morality, precepts, economy and ideas anew form of colonialism and imperialism cancome from different countries that canWorkshop Booklet: Contemporary Themes 2016-17Page 2
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Effective (125 words)Ineffective (125 words)Many companies are getting engaged invarious social programs or activities in orderto compensate and reduce the negative effectsthey have on the larger community. TheCorporate social responsibility helpscompanies and organisation to attract morecustomers in the market. The corporate socialresponsibility is very useful for gaining trustof people living in a society. The CSR can beeffective for improving the world asorganisations or companies can save theenvironment of a society which is responsiblefor the well-being of the people in theworld(Tai and Chuang,2014).Practising Corporate social responsibility is notan easy task; it requires a lot of planning,human resources as well as economic resources.The companies needs to change their businessactivities and operations i]in order to maintainand ensures the corporate social responsibilitiesbut on the other hand there is no improvementin the society as people themselves are nottaking any responsibility with regards to thesociety they are living in. The CSR is not mucheffective in improving the world as people aredifferent at various places adopting andfollowing different cultures, beliefs and socialconditions is not possible for each and everybusiness or organisations.Workshop Booklet: Contemporary Themes 2016-17Page 3
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