CHAPTER 4 Prepared by Mr.Sonmezay, Business Teacher at Santee Educ. Complex, Los Angeles, CA

2 Topics Covered in This Chapter 1- Going Global 2- The Impact of E-Commerce on International Trade

3 How to Play Jeopardy You will be separated in 4 groups You will start by selecting one category If you get the right answer first you earn the points and choose the next category and question If you give a wrong answer you lose points, the next group gets the chance to answer

Global E-Commerce Jeopardy 10pts 20pts 30pts 40pts 50pts 10pts 20pts 30pts 10pts 20pts 30pts 40pts 10pts 20pts 30pts 40pts 50pts GLOBAL COMPANIES CHALLENGES &REWARDS GLOBAL TRADETRADE BARRIERS

Global Companies 10pts This person is one of the trailblazers of E-Commerce in technology products. He made a fortune selling computers only online. Michael Dell

Global Companies 20 pts “Good Food, Good Life” is their motto. They operate in over 50 countries. NESTLE

Global Companies 30pts This company expected to sell only 250,000 units in first five years but they sold more than 3 million of personal computers. IBM

Global Companies 40pts This famous melody belongs to a Global company based in Germany. T-Mobile

Global Companies 50pts A UK based sporting good company, rival to a very well known US based company. One of the first global companies to have a website and sell goods online. Reebok

Goods manufactured in one country and then shipped to another country. Challenges&Rewards 10 pts Exports

Challenges&Rewards 20 pts Using Web sites to reach customers often reduces the need for this force for companies. Sales Force

Challenges&Rewards 30 pts This kind of shopping puts consumers in a stronger position than businesses to set prices. Comparison Shopping

Global Trade 10 pts Prescribed quantities or maximum amounts of imports allowed in a country Quotas

To protect local car manufacturers a government might place this on cheaper import cars. Global Trade 20pts Tariffs

Global trade 30 pts Government policy to protect domestic economy and jobs. Protectionism

Global trade 40 pts One organization that promotes free trade, monitors trade between its members and resolves issues. World Trade Organization (WTO)

Trade Barriers 10 pts This factor prevents companies to have the same marketing strategies all around the world. Culture

Trade Barriers 20 pts This language is the second largest in online population after English. Chinese

Trade Barriers 30 pts This type of Web site translation may not be entirely accurate but it is fast and cheap. Machine Translation

Trade Barriers 40 pts This is a person who advises companies how to design their Web sites and market their products online. Web Globalist

Trade Barriers 50pts The price at which one currency can buy another currency Exchange Rate

22 END OF JEOPARDY THANK YOU & For more student activities go to: