Globalisation - Chapter 8 Quiz

As a result of globalisation, interconnections form between suppliers, producers and consumers. Select the correct definition of 'suppliers'

• a person who purchases goods and services for personal use.

• a person, company, or country that makes, grows, or supplies goods or commodities for sale.

• a person or organization that provides something needed such as raw materials.

Select the correct definition of 'consumers'

• a person who purchases goods and services for personal use.

• a person, company, or country that makes, grows, or supplies goods or commodities for sale.

• a person or organization that provides something needed such as raw materials.

Which of the following is NOT a driving force behind globalisation

• Advancements in technology

• Growth of SMEs

• Growth of MNCs

• Developments in transportation

Select the correct statements about how developments in transportation facilitate globalisation.

• There are many more routes for transporting goods and services.

• People and goods can get from one place to another faster because of the development of efficient and integrated transportation infrastructure.

• The capacity of transportation modes have increased greatly.

• It is cheaper to move people and goods around the world today.

Singapore is a transshipment hub. What does 'transshipment' mean?

• Shipment of goods or containers to an intermediate destination, then to another destination.

• Shipment of goods to Singapore

• Transporting goods from land to sea or vice versa

Which of these is NOT an example of an efficient and integrated transportation infrastructure?

• Kuala Lumpur - Singapore High Speed Rail

• The Mass Rapid Transit

• Johor Bahru - Singapore Rapid Transit System

• Railway lines along the One Belt One Road initiative by China

Select all the correct statements about MNCs

• They are businesses with economic activities in more than one country.

• They are usually owned by the government.

• MNCs provide employment for locals and bring in new technology and expertise.

Which of these are locally-owned MNCs?

• Panasonic

• Rakuten

• Singtel

• Novartis

• Singapore Airlines

Which of these are foreign-owned MNCs?

• Shell

• Toyota

• Pfizer

• TWG TEA COMPANY

• DBS Bank

When was the Internet first invented?

• 1950s

• 1960s

• 1970s

• 1980s

• 1990s