Practice Expansion Of Markets (4.5.1.1) - Globalisation and Recent Trends in Business

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8 questions

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Exercise
6 questions · about 4 min · pass mark 70%. Hints available.
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Quiz
2 questions · about 1 min · pass mark 70%. Hints available.
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6 sample questions

Question 1.
What is globalisation?
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Think about how businesses work across borders.
Question 2.
Give one example of a multinational corporation.
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Think of well-known global brands.
3Question 3.
What does market expansion allow companies to do?
- Increase product prices
- Access international customers
- Reduce production costs
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Think about who buys the products.
4Question 4.
True or False: Cultural exchange reduces the diversity of local cultures.
- True
- False
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Consider what happens when global brands spread.
Question 5.
Evaluate how globalisation has influenced local economic patterns in your region, discussing both positive and negative aspects.
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Think about specific local businesses and global brands.
Question 6.
Propose strategies local businesses can adopt to survive and thrive in a globalised market. Consider how they could differentiate themselves.
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Consider what makes local products special.

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