Global Business Opportunities

Reasons for more international opportunities
1. Reduction in trade barriers
2. ICT
3. Improved transportation/GPS
4. Increased wealth - emerging markets
Opportunities
1. Sell/export
2. Import supplies
3. Manufacture overseas
4. Companies most able to prosper
  1. High Technology
  2. B2B
  3. Service sector
Threats
1. More foreign competition in UK
2. More competition globally
3. Growth of MNCs
  1. LEDCs depend on MNCs for work
    1. Low wages
  2. Profits instead of responsible behaviour
  3. Profits to MNCs not communities
  4. Spread knowledge and technology
  5. Often do community causes
  6. Have resources to invest & create jobs
Impacts
1. Increased competition
2. Pressure to be big and global
3. Development of 'glocal' brands e.g. McDonalds
  1. Glocal - global/local
4. Having to split resources over many markets
Globalization - growing inter-dependance between nations and markets - what happens in one country affects us

Resource summary

	Created by maddiemurchie23 about 11 years ago