Peasron IGCSE Business - 1.5.1 Globalisation:

What is the concept of globalisation?

• a) Increased competition
• b) Decreased international trade
• c) Limited access to global markets
• d) Reduced cultural exchange

Which of the following is an opportunity of globalisation for businesses?

• a) Increased competition
• b) Decreased market size
• c) Limited access to resources
• d) Expanded market reach

What is a threat of globalisation for businesses?

• a) Increased competition
• b) Decreased international trade
• c) Expanded market reach
• d) Reduced cultural exchange

How does globalisation affect the market size for businesses?

• a) Decreases it
• b) Has no effect
• c) Increases it
• d) Makes it unpredictable

Which of the following is a consequence of globalisation for businesses?

• a) Limited access to global markets
• b) Decreased competition
• c) Reduced cultural exchange
• d) Expanded market reach

What opportunity does globalisation provide for businesses in terms of accessing resources?

• a) Limited access to resources
• b) Decreased international trade
• c) Increased competition
• d) Access to a wider range of resources

What is one way in which globalisation affects cultural exchange for businesses?

• a) Decreases it
• b) Has no effect
• c) Increases it
• d) Makes it unpredictable

Which of the following is a threat of globalisation for businesses in terms of international trade?

• a) Decreased international trade
• b) Increased competition
• c) Expanded market reach
• d) Access to a wider range of resources

How does globalisation impact the level of competition for businesses?

• a) Decreases it
• b) Has no effect
• c) Increases it
• d) Makes it unpredictable

What is one way in which globalisation affects businesses' access to global markets?

• a) Limited access to global markets
• b) Decreased international trade
• c) Increased competition
• d) Access to a wider range of resources