Even though globalization affects the world’s economies in a very positive way, its negative side should not be forgotten. Discuss.
Globalization is a process by which businesses or other organizations develop international influence. It opens a vast business opportunity beyond the boundaries of nations.
This
economic reform comes with both positives and negatives. I will discuss the opposite sides of the same coin in the following paragraphs.
On the positive ,side globalization has revolutionized the business environment. There is no barrier Linking Words
such
as distance and language for trade. Any company can invest or start a manufacturing unit in any part of the world. Linking Words
For instance
, the entire world knows about Nestle because it has manufacturing units all over the world. Linking Words
Secondly
, because of these economic ,changes more job opportunities were created. It impacts the Linking Words
overall
increase in the earnings of the population and a boost in the economy is expected. The Indian economy surged after 1991 when they introduced the new foreign policy on investment.
Linking Words
On the other hand
, it comes with a lot of negatives. Local traders will be facing tough competition from the giant cooperates. Linking Words
For example
, locally made cars need to compete with multi-national companies and their sophisticated cars. Linking Words
Additionally
, the introduction of Linking Words
mixed cultured
companies will have an adverse impact on traditional company culture. These cultural differences may cause distress to employees and affect the gross productivity of local factories.
In conclusion, the benefits of globalization can never be ignored and it brings a competitive atmosphere, but the government should stay more conscious of its policy-making so that they can avail themselves of a plethora of its advantages.Add a hyphen
mixed-cultured
Submitted by frederickcr.online on
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task achievement
The essay provides a general discussion on the positive and negative aspects of globalization but lacks depth in analysis and development of ideas. The essay can be improved by providing more specific examples to support the arguments and by analyzing the impact of globalization in more detail.
coherence cohesion
The introduction and conclusion are present, but the body paragraphs lack a clear structure. The essay would benefit from better organization of ideas within each paragraph. Make sure to include topic sentences, supporting details, and a concluding sentence in each paragraph to improve coherence and cohesion.