Classwork

Date: 31/03/23

Title: Why go Global?

LO: To explore why companies Globalisation

spread around the world. TNC
Revenue
Profit
GDP

LEARNING OUTCOMES:
I can define key words. LESSON OUTLINE:
I can explain why companies go global. Date, Title (underline)
I can interpret data between TNCs revenue and Why do companies go global?
Country GDP. Comparing TNCs with countries
I can rank and justify how Nike aims to increase Diamond 9
its profit. Give me 5
 Presentation, Writing
and Expectations

• The date and title must be written at the top of each new lesson;
the date should be in the format Monday 21 November 2016
• Work should be labelled ‘classwork’ or ‘homework’ in the left hand
margin
• Peer Assessment, Self Assessment and Follow Up to feedback
must be clearly labelled
• Underline all headings, dates, side headings etc. with a ruler.
• Write in blue or black pen; diagrams and drawings in pencil.
• Use your best handwriting
ACTIVATE You may have these key words:

Globalisation - the world becoming increasingly

interconnected because of increased trade and cultural
exchange. 

Trade - the buying and selling of goods and services

between different countries around the world.

Transnational Corporations - When a

foreign company invests in a country, perhaps by
building a factory or a shop. Companies that operate in
several countries are called transnational corporations
(TNCs).

LO: To explore why companies spread around the world.

ACTIVATE Why do companies go global?
_ =
Revenue Costs
This is all the money the This is what it spent on
company takes in from making and selling them
selling things. (the costs of materials,
The more revenue the better. wages, advertisements
and so on).
So companies try to sell all over
The lower the costs
the world...
the better…
…and advertise everywhere. …so companies get
things to be made in
If companies are really clever
poorer countries
with their advertising…
where wages are
…people like you feel you’ve got lower.
to have the stuff... …and companies place
huge orders so they get
…so we can charge lots for it! a really good deal.
LO: To explore why companies spread around the world.
Profit
This is extra money that
the company wants in
the end.
The bigger the profits
the better…
…because then the
directors get paid
more…
…and the companies
shareholders are
happy because their
shares go up in
value.
ACTIVATE Does it work?
For the year 2004

_ =
Revenue Costs Profit

$12.3 billion $10.7 billion $1.6 billion

The US government then took some of this profit as a tax.

LO: To explore why companies spread around the world.

 TASK: Explain why companies go global.
1. Define these key words and use them in your explanation
below.

_ =
Revenue Costs Profit

2. In your own words, explain why companies such as Nike go

global.
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____________________________________________________
____________________________________________________
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 OUR PROGRESS

LO: To explore why companies spread around the world.

SUCCESS CRITERIA:
I can define key words.

I can explain why companies go global.

I can interpret data between TNCs revenue and Country GDP.

I can rank and justify how Nike aims to increase its profit.
 DEMONSTRATE Some TNCs earn more than some countries.
Revenue for 5 TNCs (in 2016) TASKS:
TNC Its business Based in Revenue ($ 1. Make a list of any 3
billions) TNCs, their
Wal-mart Supermarket USA 486 business and where
BP Oil/petrol UK 183 they are based in
McDonalds Fast food USA 25
order of their
revenue (highest
Nike Sports goods USA 31
first).
Toyota Cars Japan 253
2. Make a list of any 3
GDP (Gross Domestic Product or total wealth
produced) for 5 countries (in 2016) countries and their
GDP (highest first).
Country GDP ($ billions)
UK 2861 3. Using the tables,
USA 18036 who do you think
Jamaica 14 has more power in
the world, Wal-mart
India 2088
or Jamaica? Explain
Tunisia 43 your answer.
LO: To explore why companies spread around the world.
 AfL: Question Time

LO: To explore why companies spread around the world.

Hold up the correct colour card for the answer.

Which TNC or country is Tunisia McDonalds Jamaica

wealthier on this list?
Which country has the USA India UK
highest GDP?
What does revenue All the money the The total money left The money that is
country makes from at the end after spent on
mean? sales. costs have been manufacturing and
taken. labour.
DEMONSTRATE Nike aims to increase it’s profits.
Write the letters where you think
Justify why this is the best way to they come in order of increases
Increase its sales increase sales.
sales and reducing costs. As
the most. long as you can justify your
answer, it is not wrong.

A) It gets 40% of its

trainers made in China.
B) It runs a website.
C) It sponsors top schools
sports teams.
D) It closed its trainers
factories in the USA.
E) It now owns no trainer
or clothing factories.
F) It employs sports
scientists.
G) It brings out new styles
regularly.
Justify why this is the best way to H) It opened a branch
Reduce its costs reduce costs. office in Australia.
the most. I) It offers a 20% off deal
for students.

LO: To explore why companies spread around the world.

 OUR PROGRESS

LO: To explore why companies spread around the world.

RAG your LO (END ONLY).

SUCCESS CRITERIA:
I can define key words.

I can explain why companies go global.

I can interpret data between TNCs revenue and Country GDP.

I can rank and justify how Nike aims to increase its profit.
CONSOLIDATE Draw around your hand.

1. In the thumb and

the fingers write
down 5 key terms
from the lesson
today.

2. In the palm of the

hand write down
what you have
learnt today.

LO: To explore why companies spread around the world.