Disadvantages of Globalization Essay Example for Free

Disadvantages of Globalization EssayOne of the disadvantages of world(a)ization is the over-standardization of products through global branding. Using Emirate Airline to illustrate this point, globalization will means that their services are standardized which ask to serve all customers. They would lose their uniqueness of the business culture after they go global. Also, the over-globalization will pull up stakes in the lack of creativity and product diversity Hongladarom (2002), Zekos (2004).Moreover, globalization can as well create diseconomies of scale as not all countries have the same growth and economic cycle. For example, Emirate may operate real well in the Middle East and Europe commercialise but expanding into Asia or America market will reduce their profit. This could be due to difficulties of coordinating activities in those new markets or the culture differences. It is also important to note that globalization will cause de-industrialization and high unemploy ment in the domestic market. Empirical evidences include Mello (1997), Rodrik (1996), Fagerberg (1994).