Globalisation
What Globalisation means in Business GCSE, as defined for AQA, OCR, Pearson Edexcel.
Definitions of Globalisation
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Reference: Pearson Edexcel
The integration of global economies, which profoundly impacts businesses through imports, exports, changing business locations and multinationals.
The trend for markets to become worldwide in scope, with businesses operating across international borders.
The trend for markets to become worldwide in scope, with increasing interconnectedness of economies.
The trend for markets to become worldwide in scope.
Topics that use Globalisation
- Globalisation (AQA GCSE)
- Influences on business (AQA GCSE)
- Influences on business (OCR GCSE)
- Business and globalisation (Pearson Edexcel GCSE)
Related terms
- Exchange Rate
- Multinational Company (MNC)
- Adapting the marketing mix to external pressures
- Application of business concepts to context
- Batch Production
- Buffer stock
- Business ethics
- Business operations
Using Globalisation in the exam
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