Study and Research Skills Essay
Added on -2020-07-23
| 8 pages| 2496 words| 39 views
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Study and Research Skills
Table of ContentsINTRODUCTION...........................................................................................................................1Main Body.......................................................................................................................................1Problem statement .................................................................................................................1CONCLUSION................................................................................................................................5REFERENCES................................................................................................................................6
INTRODUCTIONGlobalisation refers to the integration of industries, trades, economies, marketing, cultureand many more actions in all over globe. This has been recognised that such things has made theworld connected from each and every side. But in this context, some of the negative impacts arebeing identified in several economic related activities (Armstrong and et. al., 2015). The currentreport is based on the globalisation issues and their positive and negative influence that affect themarketplace and their trends. In this project, discussion goes on about adverse effects ofglobalisation.Main BodyGlobalisation is catering several opportunities to companies existing in this world. Theyare giving them golden chance to enlarge themselves and earn high amount of revenue from thesame. Some of the benefits are increment in the speed of communication, development of supplychain, rise in FDI (Foreign destination investment), reaching to large number of audiences,technological evolution, increment in transactions, accommodation of digital tools for promotion& so on. These all terms supports a country as well as industries existed over there in becomingsuccessful and developed. Problem statement Yet companies is achieving growth in all aspect of business because of globalisation, butvarious issues also coming along with it. For instance rise in competition, unemployment indeveloped countries, Dooming of local market, etc. In order to critically analyse these allprospects, the given assignment is prepared. Here in, such things are dealt properly along with itseffects as well as solution and recommendations. Thence, it is identifying the consequences ofglobalisation on the different factors such as society, trading style, turnover of companies &many more (Sozinova and Fokina, 2015). This scene can be understand by examining thecondition of global market since it is facing different types of major issues. Some of major issuesare highlighted are below.Rise in the current level of rivalries –Globalisation is considered as main reason of theexisting condition of competition since firm want to improve and develop so as to attain theiraims and objectives. Large number of companies are rising in recent days that is offering similarservices that is being delivered by organisations. They are known as their main rivals. Some of1
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