chapter 4

CHAPTER 4

Prepared by Mr.Sonmezay, Business Teacher at Santee Educ. Complex, Los Angeles, CA

2

Topics Covered in This Chapter

1- Going Global

2- The Impact of

E-Commerce on International Trade

3

How to Play Jeopardy

You will be separated in 4 groups You will start by selecting one category If you get the right answer first you earn

the points and choose the next category and question

If you give a wrong answer you lose points, the next group gets the chance to answer

Global E-Commerce Jeopardy

10pts

20pts

30pts

40pts

50pts

10pts

20pts

30pts

10pts

20pts

30pts

40pts

10pts

20pts

30pts

40pts

50pts

GLOBAL COMPANIES

CHALLENGES

&REWARDS

GLOBAL TRADE TRADE BARRIERS

Global Companies 10pts

This person is one of the trailblazers of E-Commerce in technology products. He made a fortune selling computers only online.

Michael Dell

Global Companies 20 pts

“Good Food, Good Life” is their motto. They operate in over 50 countries.

NESTLE


This company expected to sell only 250,000 units in first five years but they sold more than 3 million of personal computers.

IBM

http://images.google.com/imgres?imgurl=http://pc-museum.com/luxor/rcm-034.jpg&imgrefurl=http://pc-museum.com/officewing.htm&h=874&w=930&sz=52&hl=en&start=5&tbnid=CqZqX81NoaMPFM:&tbnh=138&tbnw=147&prev=/images%3Fq%3Dpc%26svnum%3D10%26hl%3Den%26lr%3D%26sa%3DN


This famous melody belongs to a Global company based in Germany.

T-Mobile


A UK based sporting good company, rival to a very well known US based company. One of the first global companies to have a website and sell goods online.

Reebok

http://video.yahoo.com/video/play?ei=UTF-8&p=reebok&b=8&oid=34928afdec3974c4&rurl=www.warriorsinc.com&vdone=http%3A%2F%2Fvideo.yahoo.com%2Fvideo%2Fsearch%3Fei%3DUTF-8%26p%3Dreebok&vback=Results

Goods manufactured in one country and then shipped to another country.

Challenges&Rewards 10 pts

Exports


Using Web sites to reach customers often reduces the need for this force for companies.

Sales Force


This kind of shopping puts consumers in a stronger position than businesses to set prices.

Comparison Shopping

Global Trade 10 pts

Prescribed quantities or maximum amounts of imports allowed in a country

Quotas

http://rds.yahoo.com/_ylt=A0Je5mcPUa1EXAMB_2KJzbkF;_ylu=X3oDMTBxcHRhcHIwBHBvcwMxMQRzZWMDc3IEdnRpZANJOTk5Xzcz/SIG=1ftcsbigd/EXP=1152295567/**http%3A//images.search.yahoo.com/search/images/view%3Fback=http%3A%2F%2Fimages.search.yahoo.com%2Fsearch%2Fimages%3Fp%3Dtextile%2Bquotas%26ei%3DUTF-8%26fr%3DFP-tab-img-t%26x%3Dwrt%26vm%3Dr%26w=190%26h=140%26imgurl=s.tf1.fr%2Fmmdia%2Fi%2F50%2F7%2F2024507_5.jpg%26rurl=http%3A%2F%2Fnews.tf1.fr%2Fnews%2Feconomie%2F0%2C%2C3219782%2C00.html%26size=5.0kB%26name=2024507_5.jpg%26p=textile%2Bquotas%26type=jpeg%26no=11%26tt=575%26ei=UTF-8

To protect local car manufacturers a government might place this on cheaper import cars.

Global Trade 20pts

Tariffs

http://rds.yahoo.com/_ylt=A0Je5mi1Ua1EF8EAjN2JzbkF;_ylu=X3oDMTBwMmtqMjBqBHBvcwM4BHNlYwNzcgR2dGlkA0k5OTlfNzM-/SIG=1gpsectis/EXP=1152295733/**http%3A//images.search.yahoo.com/search/images/view%3Fback=http%3A%2F%2Fimages.search.yahoo.com%2Fsearch%2Fimages%3Fp%3Dimport%2Bcar%26ei%3DUTF-8%26fr%3DFP-tab-img-t%26x%3Dwrt%26vm%3Dr%26w=1024%26h=768%26imgurl=www.importtuner.com%2Ffreestuff%2Fwallpaper%2F0312it_wp02_1024x768.jpg%26rurl=http%3A%2F%2Fwww.createblog.com%2Fforums%2Findex.php%3Fshowtopic%3D61829%26size=98.4kB%26name=0312it_wp02_1024x768.jpg%26p=import%2Bcar%26type=jpeg%26no=8%26tt=186,733%26ei=UTF-8

Global trade 30 pts

Government policy to protect domestic economy and jobs.

Protectionism

http://rds.yahoo.com/_ylt=A0Je5mh5Uq1Ez8EAPt.JzbkF;_ylu=X3oDMTBwanRiNzgwBHBvcwMzBHNlYwNzcgR2dGlkA0k5OTlfNzM-/SIG=1gcrllthe/EXP=1152295929/**http%3A//images.search.yahoo.com/search/images/view%3Fback=http%3A%2F%2Fimages.search.yahoo.com%2Fsearch%2Fimages%3Fp%3Dprotectionism%26ei%3DUTF-8%26fr%3DFP-tab-img-t%26x%3Dwrt%26vm%3Dr%26w=200%26h=261%26imgurl=www.globalisationinstitute.org%2Fblog%2F2005-11-27-protectionism.jpg%26rurl=http%3A%2F%2Fwww.globalisationinstitute.org%2Fblog%2Fcat_trade.php%26size=16.9kB%26name=2005-11-27-protectionism.jpg%26p=protectionism%26type=jpeg%26no=3%26tt=3,102%26ei=UTF-8

Global trade 40 pts

One organization that promotes free trade, monitors trade between its members and resolves issues.

World Trade Organization (WTO)

http://rds.yahoo.com/_ylt=A0Je5xUnU61E84sAuCGJzbkF;_ylu=X3oDMTBxcmFqNWZtBHBvcwMxOARzZWMDc3IEdnRpZANJOTk5Xzcz/SIG=1e5o6tik3/EXP=1152296103/**http%3A//images.search.yahoo.com/search/images/view%3Fback=http%3A%2F%2Fimages.search.yahoo.com%2Fsearch%2Fimages%3Fp%3Dwto%26ei%3DUTF-8%26fr%3DFP-tab-img-t%26x%3Dwrt%26vm%3Dr%26w=800%26h=524%26imgurl=www.terrydivyak.com%2Fimages%2Fwto2%2FWTO_01.JPG%26rurl=http%3A%2F%2Fwww.terrydivyak.com%2Fimages%2Fwto2%26size=97.0kB%26name=WTO_01.JPG%26p=wto%26type=jpeg%26no=18%26tt=152,849%26ei=UTF-8

Trade Barriers 10 pts

This factor prevents companies to have the same marketing strategies all around the world.

Culture

http://rds.yahoo.com/_ylt=A0Je5xcKh61E8z0Biu.JzbkF;_ylu=X3oDMTBjb3ZrYjNkBHBvcwM0BHNlYwNzcg--/SIG=1ff62gelt/EXP=1152309386/**http%3A//images.search.yahoo.com/search/images/view%3Fback=http%3A%2F%2Fimages.search.yahoo.com%2Fsearch%2Fimages%3Fp%3D%2Bculture%26ei%3DUTF-8%26fr%3DFP-tab-img-t-t410%26x%3Dwrt%26vm%3Dr%26w=371%26h=237%26imgurl=www.helpindia.com%2Fuploadedimages%2Fculture.jpg%26rurl=http%3A%2F%2Fwww.helpindia.com%2Fphp%2FshowContent.php%3Flinkid%3D71%26size=17.8kB%26name=culture.jpg%26p=culture%26type=jpeg%26no=4%26tt=4,189,044%26ei=UTF-8


This language is the second largest in online population after English.

Chinese

http://rds.yahoo.com/_ylt=A0Je5mUbiK1Ee1gBiPWJzbkF;_ylu=X3oDMTBkMnY3YzZpBHBvcwM4MARzZWMDc3I-/SIG=1n3vb4lc0/EXP=1152309659/**http%3A//images.search.yahoo.com/search/images/view%3Fback=http%3A%2F%2Fimages.search.yahoo.com%2Fsearch%2Fimages%3Fp%3DChinese%26ei%3DUTF-8%26vm%3Dr%26fr%3DFP-tab-img-t-t410%26b%3D61%26w=550%26h=413%26imgurl=cybermed.ucsd.edu%2Fgroups%2Fapamsa%2FPictures%2FChinese%20New%20Year%20Fair%2Fimages%2FChinese%20New%20Year%20weekend%20007.jpg%26rurl=http%3A%2F%2Fcybermed.ucsd.edu%2Fgroups%2Fapamsa%2FPictures%2FChinese%20New%20Year%20Fair%2Fpages%2FChinese%20New%20Year%20weekend%20007.htm%26size=55.4kB%26name=Chinese%2BNew%2BYear%2Bweekend%2B007.jpg%26p=Chinese%26type=jpeg%26no=80%26tt=3,640,265%26ei=UTF-8


This type of Web site translation may not be entirely accurate but it is fast and cheap.

Machine Translation

http://rds.yahoo.com/_ylt=A0Je5x8via1EwtYAzamJzbkF;_ylu=X3oDMTBkaWRnNHZyBHBvcwMxMQRzZWMDc3I-/SIG=1h8r5g1b6/EXP=1152309935/**http%3A//images.search.yahoo.com/search/images/view%3Fback=http%3A%2F%2Fimages.search.yahoo.com%2Fsearch%2Fimages%3Fp%3Dmachine%2Btranslation%26ei%3DUTF-8%26fr%3DFP-tab-img-t-t410%26x%3Dwrt%26vm%3Dr%26w=150%26h=150%26imgurl=www.stormlabs.com%2FImages%2F0059000_0059999%2F59922_m.jpg%26rurl=http%3A%2F%2Fwww.stormlabs.com%2FSoftware%2FWeb_Browsers%2FProduct%2F229641%2Fid%2F59922%26size=6.5kB%26name=59922_m.jpg%26p=machine%2Btranslation%26type=jpeg%26no=11%26tt=6,993%26ei=UTF-8


This is a person who advises companies how to design their Web sites and market their products online.

Web Globalist

http://rds.yahoo.com/_ylt=A0Je5xcMiq1E4UIBLB6JzbkF;_ylu=X3oDMTBkNXYybjcwBHBvcwMxNwRzZWMDc3I-/SIG=1elosftgt/EXP=1152310156/**http%3A//images.search.yahoo.com/search/images/view%3Fback=http%3A%2F%2Fimages.search.yahoo.com%2Fsearch%2Fimages%3Fp%3Dinternet%26ei%3DUTF-8%26fr%3DFP-tab-img-t-t410%26x%3Dwrt%26vm%3Dr%26w=190%26h=430%26imgurl=www.simarts.com%2Ffr%2Fdesign%2Finternet.jpg%26rurl=http%3A%2F%2Fwww.simarts.com%2Ffr%2Finternet.htm%26size=21.2kB%26name=internet.jpg%26p=internet%26type=jpeg%26no=17%26tt=13,967,385%26ei=UTF-8

Trade Barriers 50pts

The price at which one currency can buy another currency

Exchange Rate

22

END OF JEOPARDY

THANK YOU &

For more student activities go to:

www.ecommerce.glencoe.com

chapter 4

Documents

ptsthis company

ibmglobal companies

nestleglobal companies

countryquotasglobal

tariffsglobal trade

protectionismglobal

free trade

monitors trade