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Globalisation - Boon or Bane ??

This is a discussion on Globalisation - Boon or Bane ?? within the HOT Debates - The Big Fight forums, part of the Management Students Voices ( MBA,BMS,MMS,BMM,BBA) category; Albeit LPG lifted up INDIA to a greater height,they cause certain adverse effect on our local communities.they are unable to ...

View Poll Results: Globalisation .. BOON OR BANE
BOON 109 93.97%
BANE 7 6.03%
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Re: Globalisation - Boon or Bane ??
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Re: Globalisation - Boon or Bane ?? - May 4th, 2009

Albeit LPG lifted up INDIA to a greater height,they cause certain adverse effect on our local communities.they are unable to market up their products by competing with the global giants.so to my point its 50:50.
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Re: Globalisation - Boon or Bane ??
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Re: Globalisation - Boon or Bane ?? - May 4th, 2009

hi

change is the only contant in life...
   
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Re: Globalisation - Boon or Bane ??
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Re: Globalisation - Boon or Bane ?? - May 4th, 2009

it is a definite boon.donno how many new opportunies come across n donnow how many threats for the existing players. but what so ever,i gives competition to relaxed business man, giving rise to enterpreneurship. so who wouldnt want a better product at a lower cost. so, definitely a boon
   
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Re: Globalisation - Boon or Bane ?? - May 4th, 2009

yes definitely globalisation is a boon
TATA motors selling in Europe
TCS having clients all over the world
this is an really an boon
They provide adequate market for products
though it provides market , it provide employment and ways of development of the country
there are some disadvantages
1.Poorer countries suffering disadvantages: ie the countries which are poorer becomes poor and countries which are rich becomes more rich. small and poor countries mostly have the agriculture as the main exports and this due to globalization (EU) lowers the price of the crops
2.The shift to outsourcing: The low cost of offshore workers have enticed corporations to buy goods and services from foreign countries. The laid off manufacturing sector workers are forced into the service sector where wages and benefits are low, but turnover is high.
   
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Post Re: Globalisation - Boon or Bane ?? - May 4th, 2009

[QUOTE=OldProjectsData;1736]

i believe that after this recession there will be a BOON but this BOON period will bring a lot of strategically planned actions from companies..
they will be making every single step after careful scrutiny of the future of the market...
in short competition is going to be tough and the path is steep ahead...
   
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Re: Globalisation - Boon or Bane ??
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Re: Globalisation - Boon or Bane ?? - May 11th, 2009

globalisation is a boon,since it created a revolution in the indian manufacturing trend and also a lot of foreign investments
   
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Re: Globalisation - Boon or Bane ??
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Re: Globalisation - Boon or Bane ?? - July 5th, 2009

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Re: Globalisation - Boon or Bane ??
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Re: Globalisation - Boon or Bane ?? - July 5th, 2009

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Re: Globalisation - Boon or Bane ?? - July 7th, 2009

Globalization is indeed a boon to the indian economy..
   
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Re: Globalisation - Boon or Bane ?? - July 10th, 2009

globalisation is the best way for a developing economy. it lifts up economy performance thr' new jobs, more jobs, improves quality of life, brings in new products ..... i do agree that the other face of globalisation is exploitation of resources, but it cannot be denied that the quantum of growth that it brings is huge...
   
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