Global
Key definitions Advantages of going global Disadvantages of going global
Write down as many factors of location you can remember in the back of your book
Globalisation Increasing trend for goods to be traded internationally and for companies to locate abroad Off-shoring Making products or parts in other countries Services can be off shored too e.g. Call centres Multinational A business with operations in more than one country
Lower site/land prices Lower labour costs Trade barriers avoided Taking advantage of fast growing economies
Language Transport costs Bad publicity Unethical
Case Study Page 109
Chapter Review Questions Due Weds 9th Oct Use the structure