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Globalisation

Global business strategies and the Bartlett and Ghoshal model

  • 3 things to know
  • Unit A2 2

Overview

Global business strategies, global strategy according to the Bartlett and Ghoshal model and transnational strategy in the Bartlett and Ghoshal model.

What you need to know

Answer each one before you reveal it.

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Key term

Describe the global, the multidomestic and the transnational strategies in the Bartlett and Ghoshal model.

Key term

What is globalisation?

Key term

What defines a global business?

Questions from this subtopic

Each one with the model answer underneath.

  1. 1

    What is globalisation?

    Model answer

    Globalisation refers to the increasing integration and interdependence of national economies through the growth of international trade, investment, and the movement of capital, labour, and ideas across borders.

  2. 2

    What defines a global business?

    Model answer

    A global business operates across multiple countries, managing production, marketing, and distribution on an international scale rather than being confined to a single domestic market.

  3. 3

    How have advances in communication and transport technology contributed to globalisation?

    Model answer

    They have made it faster, cheaper, and easier to move goods, services, information, and people across borders, enabling businesses to coordinate international operations and reach distant markets.

  4. 4

    How has trade liberalisation and the reduction of tariff barriers driven globalisation?

    Model answer

    Lower tariffs and fewer trade restrictions have reduced the cost of importing and exporting, encouraging cross-border trade and making it more profitable for firms to operate internationally.

  5. 5

    Why has the growth of multinational corporations contributed to globalisation?

    Model answer

    Multinational corporations expand operations across countries, transferring capital, technology, and management practices internationally, which deepens economic integration between nations.

  6. 6

    Why does the pursuit of lower production costs drive globalisation?

    Model answer

    Firms seek locations with cheaper labour, raw materials, or operating costs, leading them to establish operations abroad and integrate supply chains across multiple countries.

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Enterprise and Entrepreneurship
The Central Purpose of Business Activity
Forms of Business Ownership
Stakeholder Groups

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A ratio.
profitabilityliquiditygearing

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AMarket growth = ((1950 − 1450) ÷ 1450) × 100 = 34.5 %.
BSales volume is the total quantity of units sold in a market.
CSales value is the total revenue generated from sales in a market.

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A salary is a fixed annual amount.
TrueFalse

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