Unit 5 - Globalisation

• International business
• MBO
• Studiejaar 1

Lesson 2: We are going to learn about: globalisation

You will do 5 acitvities

Globalisation

Unit 5 - lesson 2

What is globalisation?

Globalisation = 

the process by which the world is becoming increasingly interconnected.

Interconnectedness: a connection that links one party to a broader network of connections 

Types of globalisation:

• Economical
• Political
• Cultural

Think about an example of every type of globalisation

Globalisation

When countries trade together and help each other, international cooperation between countries means that everyone can get the benefit of trading.

Many countries work in trading blocs. What is a trading bloc?

Where does this symbol stand for?

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Is the European Union an example of a trading bloc?

1. Yes
2. No

Activity 7

What are the advantages of being part of a trading bloc? 

write down at least 5 advantages 

(please use your own words)

What language is used by many multi-national business organisations?

Activity 8 - 

English has been the traditional language of business, but many business organisations are now trading in Mandarin. 

What are the benefits to business organisations of trading in a language like Mandarin? 

Find at least 3 benefits

The challenges of globalisation

Globalisation affects world trading because it has encouraged people from different countries to move to other parts of their region. Population movements may take place as part of economic migration. Large changes in population clearly have an impact on trading.

Activity 9 - challenges of globalisation

Write down 4 challenges of globalisation 

(please give examples) 

Activity 10- protectionist economic policy

Explain what protectionist economic policy means and give an example

Activity 11: Imagine

Imagine this: 2 shoe sales people go to another country.  When they got to that country, they found that no one was wearing shoes. One sales person was very disappointed and returned back to their country and told his boss that they will never makes sales in that country because no one there wears shoes. The other sales person was very happy and telefphoned back to their boss, telling him to send the whole sales team over as no one was wearing shoes. He believed there were sales to be made. 

A. Which one of these sales people would you be? The disappointed or the happy one? why?

B. Describe the advantages & disadvantages of trying to sell a product or service in a country where it is not already sold.