Globalization's Negative Effects

Globalization's Major Negative Effects.

1. WELCOME TO OUR PRESENTATION

2. Presented To Nusrat Jahan Assistant Professor Department Of Marketing University Of Barisal.

3. Presented By: SUMMIT GROUP

4. Group Profile SL NO Name of Group Members ID No. 1 RABIUL KHAN 14 MKT 004 2 TANU KIRTTANIA 14 MKT 038 3 MST. ROKSANA KHATUN 14 MKT 053 4 DOLON ROY 14 MKT 056 5 MITHUN SARDAR 14 MKT 059 6 MALIHA AKHTER 14 MKT 065 7 UMMEY SUMAIYA POROMA 14 MKT 069

5. Presentation Topic Negative Effects of Globalization.

6. GLOBALIZATION?

7. CAUSES OF GLOBALIZATION The primary components that led to the integration of international market are:

8. DOLON ROY 14 MKT 056

9. Negative Effects of Globalization

10. Environmental Damage Demand for products means there will have to be more factories to make them. Increased number of factories and transportation will cause lots of air, water pollution.

11. Job Insecurity Due to globalization, most global economy jobs are insecure and temporary.  The impact is mostly felt in developed countries since they can outsource cheaper white collar and manufacturing jobs.  

12. MST. ROKSANA KHATUN 14 MKT 053

13. Fluctuation in prices Globalization has led to increased market competition, hence leading to fluctuation in prices. 

14. The Rapid Spread of Deadly Diseases Deadly diseases such as AIDS or other communicable diseases can spread at a very fast pace via travelers or due to other means as a direct consequence of globalization.

15. Rise Tariff and Tax Rates Average tariff rates continue to be high in many developing countries, including some that have recently implemented trade reforms.

16. UMMEY SUMAIYA POROMA 14 MKT 069

17. Globalization has led to the spread of western culture and influence at the expense of local culture in developing countries. Most people now in developing countries copy what people in developed countries do. Western culture V/S

18. Spread of Fast Foods Chain Instead of Result Fast foods chain is growing very fast. But some of the most rapid growth is occurring in the developing countries; where it’s real changing the way people eat.

19. Local media channels are losing attention Viewers are more attracted by foreign media channels and programs. Attend to

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21. Growing disparity between the rich and the poor Most of the world’s resources are said to be consumed by the richest of the world population. This means that the poorer population only gets to consume very little of the world’s resources.

22. Globalization makes a poor country poorer Globalization can make the economy of a county collapse, especially countries that struggle due to competition by multinational corporations.

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24. Too much dominance is given to a limited number of countries Having the world or a significant piece of the world rely upon one country, or a specific gathering of organizations can be greatly inconvenient to the balance of power and influence. Globalization isn't without a lot of deficiencies and a few perils. Globalization, especially like industrialization and the previous colonization, can make one nation or district ground-breaking.

25. Small-scale industries face extinction Small-scale industries which are indigenous to a particular place face extinction as they do not have the resources or the power that the multinational companies have. As a result, these small industries are unable to compete with bigger companies and they then go out of business.

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27. Natural Resources are being used up Globalization demands for more resources to be used for more products. There won’t be enough resources for future generation to use.

28. Outsourcing Outsourcing is when companies move to other countries because of cheaper labor costs or rent. Companies move to different cheaper places which mean the jobs move too.