answersLogoWhite

0

Globalisation today for industries is common beacasue if industries follow only the domestic approach then they have to stick to only Indian market this will lead to only earning profits in the Indian market only. if the administration want to be a global leader then obviously it has to go for Globalisation.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

Why is globalisation of industries a common factor today?

Globalization of industries is common today due to advancements in technology, which facilitate communication and transportation, enabling companies to operate on a global scale. Additionally, the pursuit of cost efficiency drives businesses to source materials and labor from different countries, leading to a more interconnected supply chain. Consumer demand for diverse products also encourages companies to expand their reach internationally. Finally, trade agreements and reduced tariffs promote a seamless flow of goods and services across borders, further integrating markets worldwide.


What is true of the majority of the worlds countries today?

They are left on the margins of globalization.


Impact of globalization on strategic management plan?

Today. everything has changed, globalization. the internationalization of markets and corporations. has changed the way modern corporations do business.


What is the most common motherboard form factors used today?

ATX, Actually todays most common motherboard form factor used is MicroATX


Why do more multinational corporations exist today than in the past?

because of globalization.


Why is pop culture dependent on globalization today?

I dont know. hope that helped


What is the biggest threat to the survival of local cultures and traditions today?

globalization of culture


How is life today different from the 1970's?

Life today is different from the 1970s in several ways. Technology has advanced significantly, leading to changes in communication, transportation, and daily life. Social norms and values have also evolved, with greater emphasis on diversity, equality, and sustainability. Economically, globalization has reshaped industries and job opportunities.


Why atx form factor is the most common form factor used today?

kuta ka puttar harame net sa copy karta ho apna kar


What are positive and negative impacts of globalization in Kenya?

what is the society today on making bad decisions.


Which of the following is the biggest threat to the survival of local cultures and traditions today?

The globalization of culture


How is globalization different today as compared to the past?

Globalization today is characterized by rapid technological advancements and digital connectivity, enabling instantaneous communication and commerce across the globe. Unlike in the past, where trade was primarily limited to physical goods and local markets, today’s globalization encompasses services, information, and cultural exchange through the internet and digital platforms. Additionally, contemporary globalization faces challenges such as rising nationalism and protectionism, which contrast with the more cooperative global outlook of previous decades. Overall, the speed and scope of globalization have increased significantly, reshaping economies and societies in unprecedented ways.