How Globalization Еffects Developed Countries
Globalization is a process of accelerated socio-economic transition from the traditional stage of development to the industrial one, with a predominance of industrial production in the economy.
The goal of globalization is to provide organizations a superior competitive position with lower operating costs, to gain greater numbers of products, services and consumers.
impact
Normal Effects
costs exceed benefits
bankruptcy risk
resource abuse
the economic growth
risk diversification