Internationalisation and Globalisation (LC 2027) (Leaving Cert Business): Flashcards
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Globalisation definition
Globalisation definition
Growing interdependence of world economies, govts & people
Internationalisation definition
Internationalisation definition
Designing/adapting products for international markets
Interdependence meaning
Interdependence meaning
One group dependent on another for goods/services
What are MNCs?
What are MNCs?
Multinational corporations that trade products globally
Economies of scale effect
Economies of scale effect
Reduction in unit costs from large-scale production
Ireland's FDI as % of GDP
Ireland's FDI as % of GDP
254%
Ireland's corporation tax rate
Ireland's corporation tax rate
12.5%
IDA Ireland's role
IDA Ireland's role
Attracts and develops FDI in Ireland
Ireland's unique EU advantage
Ireland's unique EU advantage
Only English-speaking EU member state
Foreign investor employment in Ireland
Foreign investor employment in Ireland
Over 570,000 people