| Re: Globalisation - Boon or Bane ?? -
August 6th, 2007
Globalisation is definitely a boon and although it has its negative effects too ,those are negated by its overall contribution .
Today at the tip of my finger i can communicate and send important and relevant data over to the opposite end of the world through the internet at a relatively priced cost .
Companies can have its various functional departments in different countries and sell the final developed product in some other country.Thus getting the best resources from different parts of the world at the most optimum price to develop high quality products ,thus satisfying customers needs .
This world has become such a small place due to globalization and liberalization. |