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Ch 42 Globalisation & Multi-national companies

Ch 42 Globalisation & Multi-national companies. Introduction. Discuss; How has (& still is) the world changed/ing? Is this change good or bad? Read & discuss “Getting started’ P192 Globalisation = growing integration of the world’s economies Brainstorm; benefits/ costs of globalisation

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Ch 42 Globalisation & Multi-national companies

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  1. Ch 42 Globalisation & Multi-national companies

  2. Introduction Discuss; • How has (& still is) the world changed/ing? • Is this change good or bad? Read & discuss “Getting started’ P192 Globalisation = growing integration of the world’s economies Brainstorm; benefits/ costs of globalisation https://www.youtube.com/watch?v=oh03fuIlQNI pros & cons of globalisation (3:12)

  3. Features of globalisation • Freer & more widespread trade • ↑Immigration • Interdependence of economies (through trade & financial markets) • Flow of capital, technology & intellectual property (patents)

  4. Reasons for globalisation brainstorm • modern ICT • better transport networks • deregulation, privatization, ↓trade barriers,↓ communism • saturated home markets • multi-national companies •  incomes

  5. Multinationals (MNC’s) =Co’s that sell G & S globally and have production & operating facilities globally, e.g. Exxon Mobil, Wal-mart, Toyota Guess;; How many MNCs in the world The World Investment Report 2009, a total of 889,416 http://en.wikipedia.org/wiki/List_of_multinational_corporations

  6. Why do MNCs exist? • economies of scale; huge production means they benefit greatly from EOS in many areas, eg. technical, financial, marketing, etc • *discuss Q2 P195 • Note down how governments can contribute to the  in MNC & globalisation (key facts P194) • What are the 5 largest MNCs Fig 42.3 P194 • What limits globalisation? (P193 margin) • Exam practice

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