Globalisation

Globalisation means...

• the process by which businesses grow

• the process by which businesses start operating on an international scale

• the process by which businesses shut down

• the process by which businesses launch a new product

Which is the largest food chain on earth?

• Subway

• Starbucks

• KFC

• McDonalds

How do organisations globalise?

• They meet local consumer needs

• They launch a new product

• They come up with an easily recognisable brand name

• They employ more people

One advantage of globalisation is...

• It helps people to learn new languages

• It is a way of sharing ideas and experiencing new cultures

• It means you will definitely get more money

One disadvantage of globalisation is...

• There is no way of guaranteeing that the wealth will help the developing country

• You won't be able to communicate with the workers in a different country

• Your brand will always get tarnished

E-commerce means...

• Buying and selling from a globalised business

• Buying and selling of goods from the high street

• Buying and selling of goods online

The following business is globalised...

• Greggs

• Asda

• Byron Bakery

• Nisa

Fair Trade means...

• You get to purchase the product for a cheaper price

• Workers in developing countries get paid fairly for the work they do

• You get better value for money

The following are Fair Trade products...

• Chocolate

• Body Wash

• Cotton

• Coffee

The following is the Fair Trade logo...

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