Miscellaneous
The four modes of transportation.
What are plane, truck, ship, and rail?
When did globalization begin?
Centuries ago
The burger that was shown to have all 8 ingredients from different countries.
What is a Big Mac?
Went public in 1996 and has allowed companies to improve global competitiveness, communication and productivity.
What is the internet?
The system of interaction among the countries of the world in order to develop the global economy.
What is Globalization?
A circumstance or obstacle that keeps people or things apart or prevents communication or progress.
What is a barrier?
The primary mode of transportation during colonial times.
What is ship?
McDonald's serves 35 million of these a day.
What are customers?
What is an example of a trading partners?
United States-Computers
China-Toys
Process of awarding a third party, usually a supplier, to perform services that are currently being performed by an organization's employees.
What is outsourcing?
When obtaining (goods or a service) from an outside or foreign supplier, especially in place of an internal source.
What is outsourcing?
What does the World Trade Organization (WTO) promote?
International Free Trade
The country with the most expensive Big Mac.
What is Norway?
What is a corporation that operates in two or more countries?
What is multinational corporation (MNC)?
To bring (goods or services) into a country from abroad for sale.
What is import?
Globalization has significantly contributed to the promotion of...
What is international tourism?
What is the Worlds Bank's purpose?
To fight world poverty.
The amount of french fries McDonald's serves in one day.
What is 3 million?
What is an example of a multinational corporation?
GM, Coca-Cola, Nestle and VW
A type of outsourcing that involves the relocation of a company's business process or processes to a foreign country.
What is off-shoring?
Off-shoring of jobs leads to ____ ____ in the United States.
What is job loss?
When people trade, how do both sides benefit?
What is a greater variety of goods at lower prices?
The onions on a Big Mac in Ukraine come from this country.
What is the United States?
What does a world without globalization look like?
No imports, no exports, no international travel, no immigration, no working abroad and no investing in other countries.
wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing.
What is capital?