Global Flashcards
1
Q
Globalisation definition
A
Growing economic interdependence among countries
2
Q
International business definition
A
“Business activities that involve the transfer of goods, resources, services, knowledge, skills or information across national boundaries” - Shankar & Luo, 2008)
3
Q
7 drivers of globalisation (Daniels et al 2013)
A
Trade liberalisation Technological changes Consumer demand Services Competition in industry (for markets) Political changes International co-operation
4
Q
Factors in the macro environment that impact globalisation
A
Political factors
Economic forces
Technological forces
Social forces
5
Q
Criticisms of globalisation (6)
A
National sovereignty Impact on the environment People exploitation resource exploitation Rich and poor - gap widening Level playing field?
