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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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5
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Where does a Global Company carry out its business?
All over the world, internationally.
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boom
Lose 50 points!
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gold
Win 50 points!
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rocket
Go to first place!
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baam
Lose 20 points!
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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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5
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What is FDI short for?
Foreign Direct Investment
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5
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Globalisation has always had positive impacts? True/False
False
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5
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What is TNC short for ?
Transnational Companies
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20
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What are four advantages of buying & selling online (Electronic Commerce)
Convivence, More Choice, The product details are readily available, You have access to customer reviews.
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15
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Define Transnational Companies.
When companies have their head office in one country and operate in several different countries.
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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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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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banana
Go to last place!
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star
Double points!
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rocket
Go to first place!
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baam
Lose 25 points!
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lifesaver
Give 5 points!
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rocket
Go to first place!
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fairy
Take points!
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thief
Give points!
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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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20
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What are the most commonly used delivery systems?
Road, rail, sea and air
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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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