The Advantages and Disadvantages of using (a)Broad and Inclusive Definition (b)Narrow and Exclusive Definition of Globalization
Globalization is the used to describe the growing interdependence of the world's economies, cultures and populations, brought about by cross-border trade in goods and services, technology and flows of investment, people and information. Broad and Inclusive Definition -Broad and Inclusive Globalization is describing the opportunity by which people or factors behind a certain development in a country benefits as well. In a nutshell, broad and inclusive globalization gives everyone a chance to participate in a management in a such way that the perspectives or plans a country has reflected in their policies. Advantages of Broad and Inclusive Globalization Equal opportunities for everyone. Secured opportunities for everyone. growth for the countries. Development of the nations. Disadvantages of Broad and Inclusive Globalization Reshaping of government institu...