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Halal (1993)
Management
> Global Marketing Management >
Lectures >
Independent Research >
Halal > Blocks
Blocks
There are 5 issues which may
block the above progressions:
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Fluctuations. Making the transition into a
new global order will be difficult, owing to fluctuating currency
rates, trade barriers, and communication difficulties.
-
Poor
economic systems. A new global economic system needs to be
introduced, as the existing systems are flawed and clash with one
another. Capitalism, for example, exacerbates the differences
between the rich and poor, labour and management, and domestic and
foreign firms.
-
Environment. Achieving Sustainable
Development in the environment.
-
Reactive. The world needs to manage the
many complexities in societies, including poverty, education, and in
business, serving market niches. We need to be more proactive,
rather than reactive.
-
Economic gap. The lifestyle and wealth gap
between LDC and DC is too large and needs to be reduced. If
something is not done, crime and corruption will continue to spread
in the LDCs.
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