Learning objective
Explain reasons for greater globalisation and the importance of emerging economies for business.
Read the explanation, check the common trap, then practise with flashcards and questions.
At a glance
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Flashcards
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Questions
Topic
Globalisation and internationalisation
Subtopic
International market choices
Study support
Understand this objective
Quick explanation
Explain reasons for greater globalisation and the importance of emerging economies for business
- This point belongs to Globalisation and internationalisation, especially International market choices.
- You need to be able to explain reasons for greater globalisation and the importance of emerging economies for business.
- The key ideas to know are emerging economies and globalisation.
- Use the linked flashcards and practice questions to check recall, then practise applying the idea in an exam-style answer.
Key concepts
Why it matters
This objective helps connect International market choices to exam-style questions, flashcards, and revision notes for Globalisation and internationalisation.
Quick student answer
What factors explain reasons for greater globalisation and the importance of emerging economies for business in Globalisation and internationalisation?
Direct answer
For Business, this page helps you revise reasons for greater globalisation and the importance of emerging economies for business in Globalisation and internationalisation. Focus on the key terms, the exam command, and a clear answer that matches the question. Key terms to check are International market choices and globalisation.
Key terms
- International market choices: International market choices is a Business concept used to analyse Explain reasons for greater globalisation and the importance of emerging economies for business.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.
- globalisation: globalisation should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.
- emerging economies: emerging economies affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.
Common trap
International market choices common mistake 1: Show the method first, then give the final answer in the required form. Apply this directly to International market choices.
Related questions
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Question 1 of 4
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Flashcard prompts
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Flashcard 1 of 4
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Revision tools
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Practice Questions0 linked questions
Revision notestopic notes
Open the full topic revision notes when you are ready to review this objective in context.
Open revision notesRelated learning objectives
- Evaluate export, licensing, alliances and direct investment as methods of entering international markets.
International market choices
- Analyse influences on buying, selling, producing and sourcing abroad, including off-shoring and re-shoring.
Managing international business
- Evaluate pressures for local responsiveness and cost reduction when managing international business.
Managing international business
