Multinationals And Globalisation Flashcards
1
Q
What is a multinational business?
A
Businesses that operate in several countries.
2
Q
What is globalisation?
A
The way the world is becoming more interconnected due to increased trade and cultural exchange.
3
Q
What is an exogenous shock?
A
Serious events that seriously affect the running of the business.
4
Q
What is a pressure group?
A
An organisation that tries to persuade businesses, consumers or governments to act in an ethical way, or in a way that supports a particular cause.
