3.2.4 Globalisation
You should be able to demonstrate knowledge and understanding of globalisation and the benefits and drawbacks that it offers UK businesses.
You should understand the impact of exchange rates on the profit and sales of those businesses that import and/or export.
You will not be asked to calculate exchange rate conversions
You should understand the impact of exchange rates on the profit and sales of those businesses that import and/or export.
You will not be asked to calculate exchange rate conversions
How UK businesses compete internationally, offering:
- better designs
- higher quality products at lower prices
- Exchange rates
Coca Cola does Chinese New Year
What is Globalisation?
Food Miles
Sunseeker Yacht
McDonalds Menus around the world - James Dyson Award - Failure of Tesco in America - BBC Article - Jaguar Landrover
Currencies of the world - Pound compared to Euro - Test
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