Globalisation of companies - e.g Nike

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Globalisation of companies

Advantages

  • Profits to shareholders
  • It improves the quality and growth of industries, leading to an increase in jobs
  • Gives jobs to people in LEDCs
  • It brings about a better environment labor and human rights standards

Disadvantages

  • Transportation of products can add to global warming
  • Cultural identity is fading away
  • Not always fair trade
  • Multinational countries benefit at the expense of farmers, workers and the environment
  • It takes longer to ship products around the world, so the products won't be in the shops as quickly
  • Can pay low employment wages to workers in LEDCs

Evaluation

Globalisation of companies can be beneficial for multinational companies in many ways, but globalisation can be damaging to the environment, people and countries.

Comments

Assif

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this is quite a good essay on globalisation of Nike. thank you

Ariana_Grande

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Thanks you really saved my ****