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Globalisation - AQA A level Flashcards | StudBud
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Globalisation - AQA A level
Globalisation - AQA A level
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1
what is the process called when two firms in different countries come together to create a single entity/organisation?
transfer pricing
foreign binding
foreign acquisitions
foreign mergers
2
what is the process called when a TNC launches a takeover of a company in another country
foreign mergers
foreign acquisitions
foreign takeover
foreign firms
3
what is cultural imperialism?
when a country speaks another countries language
a powerful country/organisation has great influence on a less powerful one
where one culture doesn't accept or agree with another cultures views
when global products are mainly spread through different cultures
4
which one of the following options is not a global organisation?
UN
TNCs
WB
ITV
5
what is globalisation?
the increasing of humans on the globe
increasing links in the world economic, political, and cultural systems
smaller companies expanding and branching out becoming a global company
the movement of people around the world
6
what is the name for a global company which branches all over the world
TNC
FDI
G8
IMF
7
what is offshoring?
basing companies services overseas to take advantage of lower costs
two firms joining forces to create a single entity
increasing prices for exporting goods further than 1000miles away
exporting manufactured goods to oversea countries all around the world
8
offshoring, foreign mergers, foreign acquisitions, and transfer pricing are all types of FDI (Foreign direct investment)
True
False
9
what are some characteristics of a TNC
creates many jobs
decreases urbanisation
provides new technologies and promotes cultures
Operate in 3 different types of industry; primary, secondary and tertiary
10
which of the following options is not a disadvantage of globalisation?
fuels inequality
every company suffers
damage to the environment
unemployment
11
TNCs are known for outsourcing the production. What is mean by outsourcing?
making more products than the production line
basing some of a company's processes or services overseas
giving your work to someone else outside of your main business
have 2 or more different lines of production
12
what does the process of transfer pricing involve?
when 2 or more companies are in demand for the same product
a TNC launches a takeover of a company in another country
setting a price for transfer of products between related sections of TNCs
a price of a product all around the world
13
which of the following options is not an advantage of globalisation?
Improved transport
growth of TNCs
improvement to the environment
improved communications
14
what are the four dimensions of globalisation?
economic, cultural, geographical, and social
economic, political, social, and divisional
economic, cultural, political, and social
economic, cultural, political, and TNCs
15
the role of linkages within a TNC is to control economic activities in different countries and between units of a TNC
False
True
16
What are the 4 types of integration/linkages within a TNC
vertical, horizontal, economical, and technological
vertical, social, diagonal, and technological
vertical, horizontal, diagonal, and technological
vertical, horizontal, diagonal, and environmental
