Structures

Question 1

Structures of globbalization

Answer 1

Global economy
Market integration
Interstate system
Global governance

Question 2

Global Economy

Answer 2

Exchannge of goods and services integrated into a huge single global market

Question 3

Global actor

Answer 3

Any social structure which is able to act and influence and engage in the global or international system

Question 4

Global actors:

Answer 4

• Intenational economic and financial organizations
• international governmental organizations IGOs
• media
• miltilateral development banks
• nation-states
• non-governmental organizations NGOs
• trans-national corporations TNCs
• united nations (UN) system

Question 5

Marekt Integration

Answer 5

Expansion of firms by consolidating additional marketing functions and activities under a single management

Question 6

Integration

Answer 6

Shows the relationship of the firm in a market

Question 7

Types of market integration

Answer 7

1. Horizontal integration- firm or agency gains control performing a similar market functions at the same level in the marketing sequence
2. Vertical integration- firm performs more than one activity in the sequence of marketing process.
3. Conglomeration- combination af agencies and activites not directly relayed to each other

Question 8

Global interstate system

Answer 8

Whole system of human interactions

System of competing amd allying states

Question 9

Inter-state relations

Answer 9

Relationship between different states of the Union

Question 10

Global Governance

Answer 10

Appropriate response to the current globalization processes unfolding in the modern world