What can be done by each of the following so that the workers can get a fair share of benefits brought by globalization? (a) Government (b) Employers at the exporting factories (c) MNCs (d) Workers

Q.:- What can be done by each of the following so that the workers can get a fair share of benefits brought by globalization?
(a) Government
(b) Employers at the exporting factories
(c) MNCs
(d) Workers

 

Answer:-

(i) Government can get rules and regulations implemented for free and fair globalization.

(ii) Employers can invest in new technology which will help them rising down their cost of production.
(iii) MNCs may offer relief to workers who have lost their jobs due to globalization. by giving financial aid. This will help them till they find another job.
(iv) Workers will have to change their mindset and will have to see themselves as equal partners with the management in pursuit of better productivity.