© 2011 wheresjenny.com globalisation: threat to small business? globalisation is often billed as...

© 2011 wheresjenny.com

Globalisation: Threat To Small Business?

Globalisation is often billed as key to global growth and development, but there are those who feel disappointed by it. Dramatic changes in contemporary society and the economy have impacts on small businesses. The changing environment negatively influences the development and survival of smaller organisations.



English French

Inevitably inévitablement

Anonymous Anonyme

Virtually Pratiquement

Outsourcing Sous-traitance



Vocabulary

Anecdote A short and amusing or interesting story about a real incident or person

Inevitably in such a manner as could not be otherwise; "it is necessarily so"

Anonymous Not identified by name; of unknown name.

Virtually Nearly; almost.

Outsourcing Obtain (goods or a service) from an outside supplier



Impact of Globalization on Small Businesses – A well-known Anecdote



In “The Communist Manifesto”, Karl Marx famously warned that small local businesses will inevitably be wiped out by large multinational companies in a form of imperialist capitalism. According to him, the destruction of local businesses leads to the loss of local culture, and the rise of a singular anonymous corporate culture which only varies slightly from country to country.



A trip to a Chinese department store is virtually identical to one in America,with the same multinational brands – Armani, Coach, Chanel, Gucci – liningthe halls like an anonymous duty-free airport shop.

Globalized Brands



Exchange Rates and Outsourcing

© 2011 wheresjenny.com globalisation: threat to small business? globalisation is often billed as...

Documents

small businesses

small local businesses

wellknown anecdote slide

outside supplier slide

loss of local culture

multinational brands

globalized brands

large multinational