Globalisation A2 Business Studies.

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Presentation transcript:

Globalisation A2 Business Studies

Aims and Objectives Aim: Understand globalisation Objectives: Define globalisation, tariffs and quotas Explain the nature of firms and globalisation Analyse the effects of globalisation on firms Evaluate the benefits and drawbacks of globalisation

Starter Questions Why may it not be effective for Siemens to manufacture all products in all countries? Describe one danger of being a multi-national company. How does Siemens limit this threat?

Globalisation Trend towards worldwide markets in products, capital, labour and unrestricted trade barriers. Fewer tariffs (taxes on products imported/exported) Fewer quotas (limits on number of exports/imports)

Burberry & Globalisation How has Burberry benefitted from globalisation? What problems has Burberry experienced as far as globalisation is concerned?

Black Gold – Coffee and Globalisation Complete the list of benefits and drawbacks of globalisation. When doing so, consider all stakeholders involved in the video.

Plenary What were the benefits and drawbacks of globalisation in the coffee industry?