Mind map
Limitations of Globalisation
Map content
Limitations of Globalisation
TO THE FIRM
- Increased competition.
- Could increase costs.
- Demand may become price elastic due to many substitutes.
- May put smaller firms out of business.
TO THE COUNTRY
- Richer northern hemisphere may dominate.
- May increase the gap between the rich and poor.
- Loss of culture.
- Lack of opportunities for the poor.
- MNCs may exploit natural resources, workers and avoid tax.
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- AS - Level Business Studies (THEME 4) Mind Map on Limitations of Globalisation, created by Jessica Ridley on 05/06/2017.
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- Jessica Ridley
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