Globalisation and its Driving Forces

Which are the two main concepts of globalisation?

• knowledge

• interconnection

• interdependence

• resources

Ferrero is the producer of Nutella, and sells the product worldwide. What kind of company is Ferrero?

• GLC (Government-linked Companies)

• MNC (Multinational Companies)

• SME (Small and Medium Enterprises)

What do we call the party that supply raw materials to companies such as Ferrero to produce Nutella?

• Consumer

• Supplier

• Producer

• Government

What do we call the party that make things for sale in factories so that consumers can buy their products?

• Consumer

• Supplier

• Producer

• Government

What do we call the party that buy products from companies such as Ferrero that sells Nutella?

• Consumer

• Producer

• Supplier

• Government

Which of the following are the key factors that contribute to globalisation?

• Improvements in Transportation

• Improvements in Medical Science

• Improvements in Digital Technology

• Growth of Local Companies

• Growth of Multinational Companies

How has improvements in transportation contributed to globalisation?

• By enabling more people and goods to be moved to more parts of the world more quickly

• By making it easier to share ideas and knowledge all over the world

• By making countries more dependent on each other for producing goods

How has improvements in digital technology contributed to globalisation?

• By enabling more people and goods to be moved to more parts of the world more quickly

• By making it easier to share ideas and knowledge all over the world

• By making countries more dependent on each other for producing goods

How has growth of multinational companies (MNCs) contributed to globalisation?

• By enabling more people and goods to be moved to more parts of the world more quickly

• By making it easier to share ideas and knowledge all over the world

• By making countries more dependent on each other for producing goods

McDonald's is an example of a multinational company (MNC) because...

• It has outlets all over the world.

• It is a fast food company.

• It has offices in different countries.

• It has an attractive logo.

• It makes a lot of money.