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FAQs on PPT: The Making of Global World - Class 10
| 1. What is the meaning of being a "global world class" in the context of the article? |  |
Ans. Being a "global world class" refers to attaining a high level of excellence and recognition on a global scale. It implies being competitive, innovative, and highly regarded in various fields or industries worldwide.
| 2. How does globalization contribute to the making of a global world class? | |
Ans. Globalization facilitates the exchange of ideas, resources, and technologies across borders, enabling countries and organizations to learn from each other and improve their practices. By embracing globalization, countries can access global markets, collaborate with international partners, and enhance their competitiveness on a global scale.
| 3. What factors are crucial in transforming a country into a global world class? | |
Ans. Several factors contribute to transforming a country into a global world class, including investing in education and skill development, promoting research and innovation, fostering a favorable business environment, embracing technology and digitalization, and engaging in international collaborations and partnerships. These factors collectively drive economic growth, enhance competitiveness, and elevate a country's global standing.
| 4. How can businesses become globally recognized and classified as world class? | |
Ans. Businesses can become globally recognized and classified as world class by consistently delivering high-quality products or services, fostering innovation and creativity, adopting advanced technologies and processes, building strong international networks and partnerships, and meeting global standards and regulations. Additionally, actively participating in global industry events, receiving international awards, and gaining positive recognition from customers and stakeholders are also crucial in achieving world-class status.
| 5. What are the challenges in becoming a global world class? | |
Ans. Becoming a global world class comes with various challenges, such as intense competition from global players, adapting to diverse cultural norms and preferences, navigating complex international regulations and trade barriers, managing supply chain complexities, and addressing socioeconomic disparities. Additionally, keeping up with rapidly evolving technologies and market trends, ensuring sustainability and environmental responsibility, and building a strong brand reputation globally are also significant challenges in the journey towards becoming a global world class.
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