1 Introduction to Business Management

Table of Contents

1. Topic pack - introduction
2. 1.1 Nature of business activity - notes
3. 1.1 Nature of business activity - questions
4. 1.2 Types of organisation - notes
5. 1.2 Types of organisation - questions
6. 1.3 Organisational objectives - notes
7. 1.3 Organisational objectives - questions
8. 1.4 Stakeholders - notes
9. 1.4 Stakeholders - questions
10. 1.5 External environment - notes
11. 1.5 External environment - questions
12. 1.5 External environment - simulations and activities
13. 1.6 Organisational planning tools - notes
14. 1.6 Growth and evolution - notes
15. 1.7 Growth and evolution - questions
16. 1.7 Growth and evolution - simulations and activities
17. 1.6 Change (HL only) - notes
18. 1.9 Globalisation - notes
    1. Globalisation defined
    2. The drivers of globalisation:
    3. The impact of globalisation on business
    4. Multinationals
    5. MNCs from Emerging Nations
    6. Impact of multinational companies on the host country
    7. Regional economic groups / blocs
    8. The World Trade Organisation (WTO)
    9. The Stages of Economic Integration
    10. Regional trading bloc examples
    11. The European Union - using the web
19. 1.9 Globalisation - questions
20. Print View

MNCs from Emerging Nations AO3 only

AO3 You need to be able to: Demonstrate synthesis and evaluation. Command terms these terms require you to rearrange component ideas into a new whole and make judgments based on evidence or a set of criteria. Compare,  Compare and contrast, Contrast, Discuss, Evaluate, Examine, Justify, Recommend, To what extent

There has been more to globalisation than just a rise in world trade. There has also been a significant increase in foreign direct investment (FDI) by companies from emerging nations too.

Fortune 500 Global Report Global business is back! After limping through a worldwide financial crisis and economic slowdown, the 500 largest companies ranked by revenues shattered all sorts of performance records in 2013: They racked up combined revenues of $31.1 trillion, up 2.5% from 2012, and profits soared 27% to nearly $2 trillion. China’s 95 companies (up from 89 last year) posted $5.8 trillion in revenues. The U.S. has four fewer companies on the list than last year but remains (for now) the country leader, with 128 corporations on the list—including No. 1 Wal-Mart Stores—reporting $8.6 trillion in revenues. —Stephanie N. Mehta http://fortune.com/global500/

The advance of globalisation is reflected in the number of companies establishing a presence in other nations. The easing of trade barriers and tariffs and the ICT revolution has underpinned globalisation.

1

Globalisation What is meant by the term 'globalisation'? a) The growing integration of the world's economy b) The increase in foreign trade c) The increase in exports from less developed economies d) The increase in trade protectionism Yes, that's correct. Well done. Globalisation is the growing integration of the world's economy.No, that's not right. The correct answer is A. B has arisen as part of the increase in globalisation and in a smaller way so has C. D is one of the factors which has been decreased and has led to part of the increase in global trade.Your answer has been saved.

2

Multinational Corporations How might an MNC influence technology and expertise in the countries in which it works? a) By influencing government decisions in those countries b) By introducing new processes and management styles c) By producing products that might be harmful to local residents d) By improving export potential Yes, that's correct. Well done. MNC's will often result in this process known as technology transfer.No, that's not right. The correct answer is B. A is sometimes thought to be a disadvantage of MNC's as they become involved in local politics. C is also thought to be a problem by some MNC watchers as they fear less social responsibility that that practices at home. D will hopefully take place but it is not normally though to be route by which technology transfer takes place.Your answer has been saved.