2.1/2.2

Question 1

What is the definition of ‘just in time’?

Answer 1

Where companies demand goods on short timescales rather than producing and holding large volumes of stock themselves

Question 2

How does Disney spread its ideas and imagery?

Answer 2

Through media, retail, merchandise and entertainment

Question 3

What is the definition of globalisation?

Answer 3

The process by which people, their cultures, money, goods and information can be transferred between countries with few or no barriers

Question 4

What are two financial impacts of global warming?

Answer 4

Global capitalism is being spread by TNC’s

There is a worldwide race for the best and lowest consumer price

Question 5

What are two political impacts of globalisation?

Answer 5

Global news reporting companies can very easily influence the opinions of people

Expansion of international organisations such as the EU

Question 6

What are two cultural impacts of global warming?

Answer 6

Far flung regions get a greater number of people

Connections between different cultures is easier due to Internet and mobiles

Question 7

What is the new economy?

Answer 7

Where companies and countries are based more on creativity in finance, management and media rather than the production of goods