Bygy Flashcards
(133 cards)
How does globalisation occur?
International trade
International investment
Improvements in communications
What has happened as a result of globalisation?
Countries have become more interdependent, they rely on each other
How has in,robe nets in ICT affected globalisation?
Improvement ends including email, the Internet, phones, phone lines means it is quicker and easier for businesses to communicate with each other. A company may have its head quarters in one country and easily communicate with branches across the globe
How has improvements in transport affected globalisation?
Improvements include more airports, high speed trains, larger ships making is quicker and easier to communicate face to face and to export supplies across the world and distribute products globally
What is globalisation?
The process of the worlds economies becoming integrated, the world comes together as a single community
What are call centres used for?
Used by companies to handle telephone enquiries for businesses
How have call centres benefited from globalisation?
Improvements in ICT mean that’s if easy to phone faraway countries
Why are call centres based abroad?
Labour costs are cheaper and so are running costs
Give an example of a call centre
In 2004 Aviva moved 950 call centre jobs from the uk to India and Sri Lanka as it is 40% less
How have localised industrial regions benefited from globalisation?
Improvements in ICT and transport mean some industries can develop around a specific region which is useful but they still have global connections
Give an example of a localised industrial region
A lot of Motorsport companies have offices in Oxfordshire and Northampton, Renault have a headquarters there. They are close to silverstone race circuit and have lots of skilled workers. It is near an airport so people can easily fly there. Manufacturers use the Internet to send and receive information
Give case study details on Motorsport valley
It employs 40,000 people 25,000 of which being engineers
80% of the worlds best engineers and designers work here
Annual revenue of £9billion
4,500 companies operate here 87% export produce globally
Sales exceed £5 billion of which 65% are exports
What is Motorsport valley?
A cluster of world famous company headquarters of global Motorsport companies
What businesses are located in Motorsport valley?
Aston Martin
Mercedes
Cosworth
Ricardo
What are TNCs?
Companies that produce products sell products or is located in more than one country
How do TNCs increase globalisation?
They link together countries through the production and sale of goods
Why are TNC factories located in poor countries?
Labour is cheaper so more profit is made
Why are TNC headquarters located in rich countries?
There are more people with administrative skills
Ads of TNCs
Create jobs
Employees in poor countries get a more reliable income compared to farming
TNCs spend money to improve local infrastructure
New technology and skills are brought to poorer countries
What are the ads of primary to the uk
Cheap fashion
Keeps uk important
Dis ads of primark to uk
Bad working conditions
Bad press for unethical conditions
Ads of primark to Bangladesh
4 mill employees 3rd biggest manufacturing location £13 bill in exports in 2009/10 Brings foreign currency in 40 mill are connected in the industry 1:4 work in textiles New standards
Dis ads of primark on Bangladesh
$30000 pa If they complain primark can move anywhere People work more than 100hrs People live in bad polluted areas Leakage Child labour No contracts Abuse
Ads of TNC in Bangladesh to propimark
Cheap labour
200,000 items made a day
Highly skilled designers but cheap manufacturers
No tax