Assessment Task 1-1

Concept Mapping : Based on the lesson, write your understanding on

Globalization using the graphic organizer below.

. the process by
which people and
goods move easily
across borders.

changes the way

nations, businesses and a term used to describe
people interact. how trade and
GLOBALIZATION technology have made
the world into a more
connected and
interdependent place.

. the trading of
commodities such as
coffee or avocados.

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 Assessment Task 1-2
Search an article from a newspaper either online or printed, local or international about
globalization. Write a review about that article identifying the underlying definitions of
globalization and its effect. Write the reference / source of the article below.
Globalization alludes to the mechanical, political, monetary, monetary, and social
trades among people groups and countries that have made and keep on making the
world a more interconnected and related place.

Globalization is by no means a new phenomenon; transcontinental trade and the

movement of people date back at least 2,000 years, to the era of the ancient Silk Road
trade route. The global spread of infectious disease has followed a parallel course.
Indeed, the emergence and spread of infectious disease are, in a sense, the epitome of
globalization. Although some experts mark the fall of the Berlin Wall as the beginning of
this new era of globalization, others argue that it is not so new. The future of
globalization is still in the making. Despite the successful attempts of the developed
world during the course of the last century to control many infectious diseases and even
to eradicate some deadly afflictions, 13 million people worldwide still die from such
diseases every year.

Source: https://www.nap.edu/read/11588/chapter/2

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 Assessment Task 2-1
Direction: Supply the missing word in each statement. Choose the best answer in box.

1. The Global economy refers to the interconnected worldwide economic activities that take
place between multiple countries. These economic activities can have either a positive or
negative impact on the countries involved.

2. Due to the global economy Globalization and, domestic economies have become
cohesive, leading to an improvement in their performances.

3. International trade is considered to be an impact of globalization. It refers to the exchange

of goods and services between different countries, and it has also helped countries to
specialize in products which they have a comparative advantage in.

4. International finance consists of topics like currency exchange rates and monetary
policy.

5. Global investment mainly takes place via foreign direct investment (FDI).

6. Free trade is an excellent method for countries to exchange goods and services.

7. Trade barriers often affect the economies of the trading countries, and in the long run, it
becomes difficult to keep employing such barriers.

8. According to world economic news, US banks participate in many traditional government

businesses like power production, oil refining and distribution, and also the operating of
public assets such as airports and train stations.

9. According to financial and economic projections based on demographic trends and capital
productivity models, the GDP in emerging market economies in 2019 are likely to keep
increasing at a positive rate.

10. Restrictions on the import and export of goods and services can potentially hamper the
economic stability of countries who choose to impose too many.

short-term and long-term investment globalization

International trade US banks

global economy Free trade

customers Global investment

GDP Restrictions

International finance exchange goods and services

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 Assessment Task 2-2
Direction: In the discussion on how does the global economy wok, it was emphasized that
international transactions taking place between top economies in the world help in the
continuance of the global economy. These transactions mainly comprise trade taking place
between different countries. International trade includes the exchange of a variety of products
between countries. Having these ideas, complete the table below by giving explanations on the
benefits of global economic transactions.

Benefits Explanation

Providing a foundation for Financial development is an increment in the

worldwide economic growth. creation of labor and products in an economy.
Expansions in capital merchandise,
workforce, innovation, and human resources
can all add to monetary development

Encouraging competitiveness between Rivalry might be expanded by speculation

countries in various markets.
awards and appropriations, and by charge
motivations to energize new item
improvement. Keeping loan costs low is
additionally a procedure that would energize
speculation. What's more, keeping them as
steady as conceivable would increment
assurance and lessen ris

Raising productivity and efficiency across
countries
Usefulness generally contributes the most to
monetary advancement of a country. The
efficiency of modern items, dramatically
increment the administrations and human
asset utilization which might prompt better
monetary improvement of a state.ce ris

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 Helping in the development of Exchange has been a piece of monetary
underdeveloped countries by allowing them to advancement for quite a long time. It can
import capital goods (machinery and industrial possibly be a huge power for diminishing
raw materials) and export primary goods worldwide destitution by prodding monetary
(natural resources and raw materials). development, making position, lessening
costs, expanding the assortment of products
for customers, and assisting nations with
gaining new advancements

Rubric for Scoring:

CATEGORY 5 3 1

Content Concise and clear Explanations are Limited explanation is

explanations are given per category given per category

given per category

Readability of Text All texts are readable Some texts are Most of the texts are
and legibly written readable and not not readable and not
legibly written
legibly written

Spelling and Grammar No errors in grammar 2-3 errors in grammar More than 5 errors in
and spelling
and grammar and
spelling spelling

Assessment Task 3-1

Choose the letter of the correct answer:

1. A corporation is an artificial being created by operation of law, having the right of

succession and the powers, attributes and properties expressly authorized by law or
incident to its existence. This definition is in reference to :

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 a. Batas Pambansa Blg. 68 The Corporation Code of The Philippines, Section
2
b. Batas Pambansa Blg. 60 The Corporation Code of The Philippines, Section 2
c. Batas Pambansa Blg. 68 The Corporation Code of The Philippines, Section 5
d. Batas Pambansa Blg. 61 The Corporation Code of The Philippines, Section 2
2. What is McDonaldization? to describe the process by which more and more sectors of
American society as well as of the rest of the world take on the characteristics of a
fastfood restaurant
a. the process by which more and more sectors of American society as well as of
the rest of the world take on Mcdonald’s meal
b. the process by which more and more sectors of American society copies the
character of McDonald in business
c. the process by which more and more sectors of American society as well
as of the rest of the world take on the characteristics of a fast-food
restaurant
d. the process by which more and more sectors of American society choose the
delivery service
3. What is largest fast food chain in the Philippines, operating a nationwide network of over
750stores?
a. Franks Burger
b. Mc Donalds
c. Greenwhich
d. Jollibee

4. What is generally referred to as a multinational corporation (MNC),transnational

corporation (TNC), international company?
a. Global Corporation
b. Market Integration
c. Economic Stability
d. Economic Global Governance

5. What is a company that operates in more than one country?

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 a. multinational corporation
b. transnational corporation
c. global corporation
d. multi-racial corporation

6. What is a cooperative institution that 182 countries have voluntarily joined because they
see the advantage of consulting with one another on this forum to maintain a stable
system of buying and selling their currencies?
a. International Monetary Fund
b. Cooperative International Monetary Fund
c. International Bank of Europe
d. World Bank

7. What is a situation in which separate markets for the same product become one
single market, for example when an import tax in one of the market is removed?
a. Global Economy
b. Market Integration
c. Monetary Fund
d. Vertical Integration

8. It describes a process by which national and regional economies, societies, and cultures
have become integrated through the global network of trade, communication,
immigration, and transportation.

a. Monetary Fund Acquisition

b. Fund Generalization
c. Globalization
d. Contemporary World

9. It refers to the exchange of goods and services between different countries, and it has
also helped countries to specialize in products which they have a comparative advantage
in.
a. International Trade
b. Global Investment
c. International Finance

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 d. World Trade
10. It consists of topics like currency exchange rates and monetary policy.
a. International finance
b. Global Investment
c. International Finance

d. World Trade

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 Assessment Task 3-2

Analyze the 2017 World Economic Forum World’s 10 Biggest Corporations by researching on and
sustaining the data needed below. Choose only 5 companies to analyze. Make your information
simple, brief, and concise.

Corporations Brief Company Background Major Economic Contribution

1. Apple Apple Computers, Inc. was Apple's $430 billion in

founded on April 1, 1976, by
college dropouts Steve Jobs
and Steve Wozniak, who
brought to the new company
a vision of changing the way
people viewed computers.
contributions to the US
economy include direct spend
with American suppliers, data
center investments, capital
expenditures in the US, and
other domestic spend —
including dozens of Apple
TV+ productions across 20
states, creating thousands of
jobs and supporting the
creative industry

Alphabet was founded Alphabet makes around 99%

2. Alphabet
October 2, 2015 by Google of their revenue from Google.
co-founders Sergey Brin, who 90% of Google's revenue
will serve as president of the comes from advertising.
new company, and Larry
Page, who will serve as CEO.

3. Microsoft Microsoft is an American Expenditures on locally

multinational computer
technology corporation whose
history started 4th April 1975.
produced goods and services,
Microsoft injected a total of
$9.16 billion into the
Washington economy (Tables
1, 2).

4. Berkshire Hathaway Berkshire Hathaway traces its Berkshire Hathaway owns

roots to a textile
manufacturing company
established by Oliver Chace
in 1839 as the Valley Falls
Company in Valley Falls,
Rhode Island
businesses in insurance, rail
transportation, energy
generation and distribution,
manufacturing, and retailing.

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5. Exxon Mobil ExxonMobil is one of the
biggest companies in the
world. It is an American
multinational oil and gas
company, formed in 1999 by
the merger of Exxon and
Mobil.
ExxonMobil explores for, and
produces, crude oil and
natural gas, as well as
petrochemicals and other
related products

Amazon.com, online retailer, Amazon has created more

6. Amazon manufacturer of electronic U.S. jobs in the last decade
book readers, and Web than any other company.
services provider that
became the iconic example of
electronic commerce.

7. Facebook Facebook, American online Deloitte estimates that

social network service that is Facebook enabled $227bn of
part of the company Meta economic impact and 4.5m
Platforms. jobs globally in 2014.

Johnson & Johnson delivered

8. Johnson and Johnson 1886: Johnson brothers begin
solid financial results in 2014,
producing surgical dressings
while also continuing to make
in N ew Brunswick, New
investments to accelerate
Jersey.
growth for the long term

9. General Electric General Electric was formed Economic contributions: This

through the 1892 merger of
Edison General Electric
Company of Schenectady,
New York, and Thomson-
Houston Electric Company of
Lynn, Massachusetts, with
the support of Drexel, Morgan
& Co. Both plants continue to
operate under the GE banner
to this day.
report reinforces that the
electric power industry
underpins all sectors of the
economy, annually
contributing $880 billion to the
U.S. GDP or 5 percent of the
nation's total GDP

10. China Mobile China Mobile is China's In 2019, the mobile operators
largest telecommunications contributed around 98 billion
company. It commands U.S. dollars to the Chinese
slightly more than 60% of the economy.
domestic mobile phone
market, where some 1.3
billion

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 Assessment Task 4-1
MODIFIED TRUE OR FALSE. Choose the letter of the correct answer (10 items, 2 points each:
20 points).
A. Both statements are true B. Only the first statement is true
C. Only the second statement is true D. Both statements are false.

ANSWER FIRST STATEMENT SECOND STATEMENT

International relations refer to the interaction It includes import and export of goods.
1. D of the countries with each other.

Internationalization is equal to globalization. Globalization is a major component of

2. C internationalization.

Nation-state is a very simple term because it Nation-state is composed of two

3. A refers to a specific country. interchangeable words, “nation” and “state.”

Nation is an imagined community. Nation and state facilitate the state formation.
4. A

Civil society simply means the space not Political parties and private companies are
5. C owned by the government. some example of the civil society.

Bonaparte challenged the Westphalian He propagated the Napoleonic code in

6, A system. various parts of Russia.

Economic and political are the two Cultural globalization should not be
dimensions of globalization. considered in the contemporary society
7. B because we must respect the culture of each
country.

Internationalization has two forms. It includes Bentham supports the social

8. A liberal and social. internationalism.

Mazzini forwarded the concept of He also won the Nobel Peace Prize in 1919.
9. D selfdetermination.

Lenin succeeds Stalin in sponsoring the Marx classified the world into classes rather
10. B Socialist International. than countries.

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 Assessment Task 4-2
DIRECTIONS: Choose two concepts/people from the box below. Compare and contrast the
selected concepts using the Venn diagram provided.

globalization vs.
Nation vs. State Mazzini vs. Marx
internationalization

Liberal vs. Socialist Treaty of Westphalia vs. Westphalian vs. Concert

Internationalism Napoleonic Code Systems

Principle of State Sovereignty

Nation-state vs. Civil Society vs. Principle of National Bentham vs. Lenin and Stalin
Sovereignty

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