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Global Marketplace

Global Marketplace . Terms. Economy: Ways in which a group produces, distributes, and consumes its goods and services Goods v Service Goods: Tangible items (a book) Service: Intangible (Doctor visit). Work Trends. Outsourcing Takes advantage of economies of scale

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Global Marketplace

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  1. Global Marketplace

  2. Terms • Economy: • Ways in which a group produces, distributes, and consumes its goods and services • Goods v Service • Goods: Tangible items (a book) • Service: Intangible (Doctor visit)

  3. Work Trends • Outsourcing • Takes advantage of economies of scale • Someone else creates their good • Telecommute • Work at home using computer, phone, etc. • Team

  4. Global Companies Unilever – Netherlands Nestle – French Smarties Drumstick • Wishbone Dressing • Dove Beauty Care

  5. Assignment • Write down favorites • Find the company that produces • Find where the company is headquartered – World, not US

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