Globalisation Flashcards
1
Q
Factors contributing to increase in globalisation
A
Improvements in transportation- larger cargo ships and bulk air freight means that the cost of transporting goods has decreased
Impact - transport improvement also mean that goods and people can travel quickly
2
Q
Factors contributing to increase in globalisation
A
Removal of trade barriers - orgs such as the world trade ord promote free trade between countries. Restrictions have been lifted
Impact - org can export larger goods to different countries
3
Q
Factors contributing to increase in globalisation
A
Improvements of comm and tech- there has been a growth in e commerce
Impact - comms between orgs, supplieras and customers are now straightforward by now using emails, video conferencing
