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15
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Identify three negative impacts of Globalisation
Small business closures, benefits the rich, local communities do not see profits invested back into them, demand for natural resources
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10
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Globalisation encourages cultural exchange. True/False
True
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5
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What is TNC short for ?
Transnational Companies
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15
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Define Foreign Direct Investment.
When a foreign company invests in a country (that is not there native country)
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10
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List three examples of Top Global brands.
Apple, Google, Amazon, Microsoft, Coca Cola, Toyota etc.
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15
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What factors would attract TNCs to a particular country? Give three examples.
Cheap raw materials, good transport links, cheap and plentiful labour supply, low corporation tax or
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10
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Identify two reasons for Globalisation.
Consumer demands, Transport improvement's, Freedom of trade, Economies of scale and Improvement in tech
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5
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What is FDI short for?
Foreign Direct Investment
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15
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Define the term Globalisation
Globalisation is the process by which the world becomes interconnected as a result of increased trade and cultural exchange.
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fairy
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fairy
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thief
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10
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Define Electronic Commerce
Buying or selling goods or services online
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10
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Describe a disadvantage of Electronic Commerce.
Difficulty returning goods, no human integrations, open to scams/fraud
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5
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Where does a Global Company carry out its business?
All over the world, internationally.
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fairy
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baam
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15
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Identify three positive impacts of Globalisation.
Employment, more choice for consumers, new experiences, lower prices
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