Disadvantages of Globalization Essay

One of the disadvantages of globalisation is the over-standardization of products through global branding. Using Emirate Airline to illustrate this point, globalisation entrust means that their services are standardized which aim to serve either customers. They would lose their uniqueness of the business culture after they go global. Also, the over-globalization eitherow for result in the lack of creativity and product diversity Hongladarom (2002), Zekos (2004).Moreover, globalization can also 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 market only if expanding into Asia or America market will reduce their profit. This could be payable to difficulties of coordinating activities in those new markets or the culture differences. It is also grievous to note that globalization will cause de-industrialization and high unemployment in the municipal market. Empir ical evidences included Mello (1997), Rodrik (1996), Fagerberg (1994).