Globalisation 3 | Flashcards

Offshoring

Outsourcing

Global production networks

Least Developed Countries (LDCs)

What are global hubs?

What do Transport and communication technologies help with?

What does air travel and containerisation enable?

Transport and communication networks are focused on the core areas, what does this increase?

Telecommunications allow what between producers and consumers?

What is Cumulative Causation?

Measuring Globalisation

KOF Globalisation Index 2002

Key Information

Measuring Globalisation

KOF Globalisation Index 2002

Examples

Measuring Globalisation

Kearney 'Global/World Cities' Index

Key Information

Measuring Globalisation

Kearney 'Global/World Cities' Index

Examples

Making connections, TNCs bolt together different economies and societies through their supply chains and marketing strategies. However, some parts of the world have benefited far more than others from FDI from TNCs because...

TNCs do not/cannot always adopt the strategies of offshoring,foreign mergers,foreign acquisitions or transfer pricing in different national context. For example, internet companies have failed notably to gain access to China's market.
CONTINUE

Large corporations ranging from (what) to (what) have established tens of thousands of outsourcing partnerships while building their global businesses. Then resulting series of arrangements is called (what).

A TNC manages its GPN in the same way the captain of a team manages its players. As globalisation has accelerated, so too has the size and density of (6 things). Food giant Kraft and electronics firm IBM both have (how many) supplier providing the ingredients/supplies they need.

An amazing (blank) different suppliers parts to assemble (brand of car), from the engine right down to the wind-screen wipers.
Some parts are (what) from supplies with the EU to avoid import tariffs. In contrast the engine comes from an offshore factory in (Where) owned by BMW

CASE STUDY

Jaguar Land Rover

OFFSHORING METHODS

CASE STUDY

Jaguar Land Rover

OUTSOURCING METHODS

How has Developing countries benefited from GPN growth?

3 examples of how outsourcing has caused problems for TNCs

Why TNCs are now 're-shoring' their manufacturing closer to home.

The strengthening of Latin American, Asian and Middle Eastern economies has promoted an explosion of what?

What is glocalisation?

Ways Globalisation varies

Glocalised Company Examples

Walt Disney Company

Glocalised Company Examples

McDonald's

NOT Glocalised Company Examples

Lego