Speaking and Vocabulary

Unit 1. Globalization

Starting up

? What’s Globalization?

Keynotes

Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effectson the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world.

D. Work in groups and discuss these and another globalised spheres (science, education) and how they constitutes our global world.

Speaking and Vocabulary

The global world

A. Fill in the gaps using words and expressions.

Credit exposure, mortgage market, cash-flow management, supply
chain, survey, credit insurance, knock-on effect, go bust

1. Difficulties at ______ push rents up in Ireland.

2. LogiChem is expanding into enterprise market changing traditional ______.

3. It is essential for a business owner to have strong skills in ______.

4. According to the _________ of the Association of Risk Managers, 90 per cent of the companies are going to introduce this position into
their staff list by the end of next year.

5. If one of the suppliers becomes bankrupt it has a________ on the entire retail system.

6. _______ is an invaluable aid to successful national and international business-to-business trade as it covers the risk of
financial loss.

7. The economy of the country collapsed, the Airlines ________ taking plane manufacturers and travel agents with them.

8. Our company provides a full range of services that include _______, calculation and elaboration of the strategy.

B.Decide whether the following statements are facts or opinions. Express your attitude to the opinions:

1. Globalization is synonymous to Americanization.

2. The more people are in debt, the richer the banks become.

3. Debt payments by developing countries are nine times as much as the aid the receive.

4. Global economy puts no value on morality, only profit.

5. The developed world consumes 86% of the world's resources.

C.Finish the phrase.

The process of globalization leads to...

D.Complete the following sentences using appropriate words.

The effect of globalisation are:

1. People c________ with each other across the globe.

2. The Internet and email mean that people can sh________ideas and knowledge.

3. Tr__________ between continents is much more widespread.

4. The environment suffer from the p_________ caused by the great increase in air travel.

5. In some cases small countries can d________ too heavily on a single transnational company.

6. Global companies can ab________ their economic power.

1. Which sentences in Exercise D are about the advantages of globalization and which about the disadvantages? Label each sentence A or D.

1. Can you think of any other advantages and disadvantages of globalizing process?

1. Discuss ethical problems, emerging from global marketing activities. Make a list of ethical problems that you think exist in the global world.

1. Match the situations (a-e) to the type of ethical problem (1-5).

1. Match the beginings with endings.

1. Discuss in groups: What effect does globalization have on your country’s economy?

Listening

Date: 2015-12-11; view: 3128