Globalisation And Digitalisation Flashcards
1
Q
What is Globalisation?
A
The process of increasing interconnection of different regions and cultures around the world
2
Q
In which areas is globalisatio important?
A
Inn economics, culture, politics, communication and ecology
3
Q
Where are 80 % of the trade flows?
A
Between Europe, Asia and North America
4
Q
What is Logistics?
A
Planning, controlling,coordinating and implementing of all operational processes in the transport of goods
5
Q
What are global players?
A
Corporations on a world scale with worldwide production facilities and markets
6
Q
What are hidden champions_
A
They serve the world market with highly specialised niche products
