Discuss the Primary Advantages and Disadvantages of Globalization

question 123

Essay

Discuss the primary advantages and disadvantages of globalization.Do you believe the advantages outweigh the disadvantages? How can the effects of the disadvantages of globalization be reduced?

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Definitions:

Extend Enterprise

The expansion of an organization's outreach beyond its traditional boundaries, involving collaboration with external partners or integrating technology to improve efficiency and market reach.

Supply Chain Management

Monitoring the flow of products, information, and financial resources as they transition from the supplier through to the manufacturer, wholesaler, retailer, and eventually the consumer.

Distribution Channels

Pathways and intermediaries through which a product or service flows until it reaches the end consumer.

Supply Chains

Networks of individuals, organizations, resources, activities, and technologies involved in the production and delivery of a product or service.