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Location. Global. Today You will learn. Key definitions Advantages of going global Disadvantages of going global. recap. Write down as many factors of location you can remember in the back of your book. Definitions. Globalisation
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Location Global
Today You will learn • Key definitions • Advantages of going global • Disadvantages of going global
recap • Write down as many factors of location you can remember in the back of your book
Definitions • Globalisation Increasing trend for goods to be traded internationally and for companies to locate abroad • Off-shoring Making products or parts in other countries Services can be off shored too e.g. Call centres • Multinational A business with operations in more than one country
Benefits • Lower site/land prices • Lower labour costs • Trade barriers avoided • Taking advantage of fast growing economies
Problems • Language • Transport costs • Bad publicity • Unethical
task • Case Study Page 109
homework • Chapter Review Questions • Due Weds 9th Oct • Use the structure