Business

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  • Created by: Natasha
  • Created on: 14-04-13 16:00
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  • Business
    • Globalisation is when business activites in different countries become interconnected
    • International trade- Companies in one country produce goods and services and sell them to other countries.
    • Production abroad- Firms set up factories and offices abroad.
    • Outsourcing abroad- Firm in one country pay a different business to produce goods for it (Apple in LA made in china)
    • MNCS- Companies with outlets in different countries
    • Global branding- Product becomes a brand name known and sold worldwide
    • People movement- workers move to work in different countries.

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