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Globalisation - Coggle Diagram
Globalisation
TNC
businesses tht operetae in more than one country
aim to reduce costs
apple main case study
operate in china using Foxconn
send repatriated profits back to country of origin
HQ located in californa usa
flows of products
used through the creation of containerisation
has made flows of proucts easier and faster across the world
also made cheaper
hard to moe products around the world due to barriers of
trade and barriers to entry
WTO helps reduce barrieres to trading
flows of labour
has been made easier in some countries due to organisations such as the eu
makes flows of people easier and faster
people are mosy likely to move to places or countries closer to them.
for example the eu
flows of information
information flows in and out of a country
usd throug increases in technology
help develop faster
e.g bt
globalisation
the interconnection flows of people labour and information across the world
idea of a shrinking world
McLuhan global village
idea of a flat world in the 1960s
criticism obstacles to trade and migration still exist
decreases idea opf a flat world
three primary sectors contributing to globalisation
social
economic
political
flows of services
flows of sevices= easier to locate and proved services across the world
footloose companies