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Karteikarten

Globalisation

hollie.a.coles Englisch 11 Karten

Karten in diesem Stapel (11)

  1. 1Globalisation -The process by which an increasingly free flow of ideas, people, goods, services and capital leads to the integration of economies and societies.
  2. 2Benefits to new country of globalisation...1) Benefits their economy-grows much faster than those who try to protect themselves
    2) Countries with better economies can improve living standards and reduce poverty
  3. 3Benefits to new country of globalisation...3) Improved access to healthcare and clean water - increased life expectancy.
    4) Positive environmental impacts by encouraging use of newer, more efficient, less polluting technoogies.
  4. 4Drawbacks to new country of globalisation...1)Economic costs - in the short term there's large dislocation costs.
    2) Some countries cant take advantage of globalisation and thier standards of living are dropping futher.
  5. 5Drawbacks to new country of globalisation...3) Increased travel and trade have increased spread of disease.
    4) Environment has been harmed as farming, forest, mining, fishing etc are exploited.
  6. 6Advantages of globalisation to the business...1) Increased turnover leads to increased profit
    2) They can negotiate better prices on what they purchase.
  7. 7Advantages of globalisation to the business...3) Can benefit from managerial and marketing economies of scale.
    4) More negotiating power with governments.
  8. 8Disadvantages of globalisation to the business...1) Greater competition leads to a decrease in the profit margin.
    2) Laws/ regulations from new countries can get in the way.
  9. 9Disadvantages of globalisation to the business...3) May have to borrow large amounts of money effecting liquidity and risk.
    4) If it becomes too large to manage - diseconomies of scale.
  10. 10Ansoff MatrixA useful planning tool to develop marketing or business strategy , including:
    1) Market penetration
    2)Product development
    3) Market development
    4) Diversification
  11. 11Also relate globalisation to...SWOT analysis
    Porters 5 forces
    Boston matrix
    Ansoff Matrix

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Karteikarten am Globalisation, erstellt von hollie.a.coles am 18/12/2013.
Erstellt von
hollie.a.coles
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