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2 cards from this section. Quick, good the night before a test.
Define globalization in your own words.
Think about how countries interact.
What does MNC stand for?
Consider larger companies that operate internationally.
What does globalization primarily involve?
Consider the economic aspects.
True or False: MNCs only operate in their home countries.
Think about how often we encounter global brands.
Examine how globalization could change within the next fifty years. What might be the implications for developing countries?
Focus on technological advancements and international relations.
Propose a strategy for a small Indian toy manufacturer to compete against cheaper imported toys while still adhering to fair trade practices.
Consider any unique aspects that could set them apart.
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