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Write 4 negative impact of globalization |
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Answer» Wow ... Amazing ... Concentration on typing Thanks Oho very nice This for Indian market The so-called negative effects of globalization on Indian industry have been:1. Rise in demand for labor and the rise in wage rates leading to some increase in costs.2. Weakening power of the trade unions over labor in emerging industries and growth sectors like IT, entertainment, internet and mobile services, airlines, banking, insurance, banking services.3. Too much competition in the market leading to continuous pressure on raising productivity, enhancing consumer service, improving product quality, in order to survive.4.Voluntary retirement for many public sector units.5. Too many sales person chasing customers. |
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