STRUCTURES of Globalization

Question 1

3 Structures of Globalization

Answer 1

Social Globalization
Political Globalization
Economic Globalization

Question 2

A measure of how easily information and ideas pass between people in their own country and between different countries (includes access to internet and social media networks).

Answer 2

Social Globalization

Question 3

The amount of political co-operation there between countries

Answer 3

Political Globalization

Question 4

Countries that are trade with many others and few trade barriers are economically globalized.

Answer 4

Economic Globalization

Question 5

It RESULTS to an INCREASING ECONOMIC INTEGRATION and INTERDEPENDENCE of national, regional, and local economics AROUND THE WORLD by strengthening the cross-border movement of goods,
technologies and capita.
(Mohan 2009)

Answer 5

Global Economy

Question 6

The Attributes of the Global Economy
(1)

Answer 6

Market economies and private enterprises

Question 7

Attributes Of Global Economy (2)

Answer 7

Abundance of global goods and services

Question 8

Attributes of Global Economy (3)

Answer 8

Economic disparities

Question 9

Attributes of Global Economy (4)

Answer 9

International workers, managers and executives

Question 10

Attributes of Global Economy (5)

Answer 10

Global Communication Systems

Question 11

Attributes of Global Economy (6)

Answer 11

Transportation Systems

Question 12

Attributes of Global Economy (7)

Answer 12

Transnational business strategies

Question 13

Attributes of Global Economy (8)

Answer 13

Flexible forms of capital accumulation

Question 14

Attributes of Global Economy (9)

Answer 14

Global Agreements that promote free market

Question 15

A global economic system, specifically a global capitalist system,
emerged in about 1896 and reached something of peak throughout the world by 1914.

Answer 15

A Prior Era of Globalization

Question 16

TRANSPORTATION
Then: ?
Now: airplane

Answer 16

Railroads and steam ship

Question 17

COMMUNICATION
Then: ?
Now: internet

Answer 17

telegraph

Question 18

as a process involves harmonizing the markets making the commodities reasonable enough to be equated in terms of the increase in pricing.

Answer 18

MARKET INTEGRATION

Question 19

3 BASIC TYPES OF MARKET INTEGRATION

Answer 19

Horizontal Integration
Vertical Integration
Conglomeration

Question 20

In this type of integration, some MARKETING AGENCIES COMBINE to FORM a UNION to reduce their effective number and the extent of
actual competition in the market.

Answer 20

Horizontal Integration

Question 21

Occurs when a FIRM PERFORMS MORE THAN ONE ACTIVITY in the sequence of the marketing process.

Answer 21

Vertical Integration

Question 22

Producers to Consumers

Answer 22

FORWARD VERTICAL INTEGRATION

Question 23

A combination of agencies or activities not directly related to each other may operate under a unified management.

Answer 23

Conglomeration Integration

Question 24

sample of horizontal integration

Answer 24

Facebook and Instagram

Question 25

Sample of Vertical Integration (backward)

Answer 25

Amazon

Question 26

Sample of Conglomeration Integration

Answer 26

Uniliver SM