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Published byOpal Hodge Modified over 8 years ago
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Globalization
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Logorama The film is about logos – many of which you will know. 1)While watching the film – make a list of all the logos that you know (ones that you can say what they sell/make).
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Classification of Logos 2) Using the list of logos that you have produced – sort them into the following categories: HealthmotoringcomputingEntertai- nment financeFood & drinkToysSport
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3) Pick 7 logos/companies & write a paragraph for each explaining: - what they make - why you know them - Who their main competition is. 4) Homework: research & write down the country in which each company has its headquarters.
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What is it? Globalization is the spread of ideas & cultures around the world. There are several aspect to globalization: – Economic: trade, imports/exports, finance. – Media : TV channels, film, music. – Communication : email, phones, internet.
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The Shrinking World Developments in transport mean we can travel much faster now & we often think of distance in terms of time. Task Write a paragraph explaining how telecommunication advances have helped globalisation (email, text, skype, itunes etc). These have led to the concept of a ‘shrinking world’
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Globalization of Industry TNC: (Trans-National Corporation) These are companies that have operations in two countries. MNC: (Multi-National Corporation) Companies that have operations in multiple countries: –MacDonald's, Toyota, IBM, Coca Cola
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Reasons for firms becoming multi- national? Questions 1-4 on page 67.
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Benefits for Host Countries Create more jobs in the country. Make the country more recognized worldwide – this could attract more MNCs to locate there. Increased output for the country & so more tax for the government - could allow more investment in health & education etc. Possible investment infra-structure. Train/educate workers and make them more skilled. Bring new technologies to the country. Bring in new cultures and ideas.
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Problems for host countries Poor working conditions for their workers (hours work, safety). Often low paid workers & the local staff don’t get the management positions Have an influence on local cultures - maybe bring foreign cultural aspects into the local culture. May force local businesses out of business. Often cause environmental damage & pollute the atmosphere/waters. If MNC decides to leave for a cheaper country it leaves a lot of people unemployed.
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Tasks Read through page 72 & complete tasks 1 & 3 on p.73. Read page 74. Discuss whether you think globalisation is a good thing or not? (8 marks).
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