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globalisation - Coggle Diagram
globalisation
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definition: process through which ideas and activities of people living in different parts of the world become interconnected
- these interconnections are like created or established among people, businesses and countries through the movement of goods, services, people, knowledge and resources
- such interconnections can lead to interdependence where developments in the world and developments in a specific place affect one another
eg apple - relationships between consumers, producers and suppliers
- consumers are dependent on producers such as apple inc, for products like iphones
- producers such as apple inc, are dependent on consumers to buy their products.
- apple inc, a producers is dependent on suppliers from vairous parts of the world for materials, such as lithium to make iphones
- supplies are dependent on producers like apple inc to buy their raw materials
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