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30022803868420IMPACT OF ICT ON COMSUMER CHOICE AND BEHAVIOURBooking onlineShopping online (E-commerce)Shopping from homeHome DeliveryMore choiceAdvantage of E-CommerceDisadvantage of E-CommerceConvenience – can be done at homeNo human interaction - banksGreater choice – buy from abroadReturning Goods – can be expensive (Postage and Packaging)Product details – research on line before buying Fraud – Website may take your money but you may not receive a productCustomer reviews00IMPACT OF ICT ON COMSUMER CHOICE AND BEHAVIOURBooking onlineShopping online (E-commerce)Shopping from homeHome DeliveryMore choiceAdvantage of E-CommerceDisadvantage of E-CommerceConvenience – can be done at homeNo human interaction - banksGreater choice – buy from abroadReturning Goods – can be expensive (Postage and Packaging)Product details – research on line before buying Fraud – Website may take your money but you may not receive a productCustomer reviews76203845560IMPACT OF GLOBALISATIONPositiveNegativeEmployment – provides new news Benefits the rich more that the poor – sometimes poor countries can be exploitedSpin off effects – TNC buy local material, use resource so they have to purchase from local businessesLocal Communities – Most companies sent back profit to home country and the local community will not benefitNew Experience – new products gives the consumer a choice00IMPACT OF GLOBALISATIONPositiveNegativeEmployment – provides new news Benefits the rich more that the poor – sometimes poor countries can be exploitedSpin off effects – TNC buy local material, use resource so they have to purchase from local businessesLocal Communities – Most companies sent back profit to home country and the local community will not benefitNew Experience – new products gives the consumer a choiceleft1911985WAY FOR TRANSPORTION GOODSTransportation typeAdvantagesDisadvantagesRoadDoor to door deliveriesMim. Handling of goodsTraffic congestionNot good for the environmentNot suitable for bulky goodsRailSuitable for bulky goodsNot flexible- fixed timetableNot every town has a railway stationSeaSuitable for transporting bulky goods worldwideCheaper than airSlowWeather condition can cause delaysMust link with other forms of transport (Road)AirFastSuitable for perishable goodsExpensiveMust link with other forms of transport (Road)00WAY FOR TRANSPORTION GOODSTransportation typeAdvantagesDisadvantagesRoadDoor to door deliveriesMim. Handling of goodsTraffic congestionNot good for the environmentNot suitable for bulky goodsRailSuitable for bulky goodsNot flexible- fixed timetableNot every town has a railway stationSeaSuitable for transporting bulky goods worldwideCheaper than airSlowWeather condition can cause delaysMust link with other forms of transport (Road)AirFastSuitable for perishable goodsExpensiveMust link with other forms of transport (Road)3017520995680RESONS FOR GLOBALISATION1. Improvement in Technology2. Consumer Demands3. Economic of scale4. Freedom of Trade5. Labour availability and skills6. Decreased transport Costs7. Transport Improvements00RESONS FOR GLOBALISATION1. Improvement in Technology2. Consumer Demands3. Economic of scale4. Freedom of Trade5. Labour availability and skills6. Decreased transport Costs7. Transport Improvements7620972820GLOBALISATION HAS RESULTED INIncrease international TradeGreater dependence on a global economyFreer movement of Capital and GoodsBig companies trading all over the world and treating it as one market00GLOBALISATION HAS RESULTED INIncrease international TradeGreater dependence on a global economyFreer movement of Capital and GoodsBig companies trading all over the world and treating it as one market59588402481580Why TNC LOCATE IN IRELANDSourcing raw materialsCheap00Why TNC LOCATE IN IRELANDSourcing raw materialsCheap-43434035560SELF-TEST QUESTIONSONBe able to answer the following1. Define the term Globalisation2. Explain the reason why companies trade with different countries3. Define the term TNC and why they locate in Ireland4.?Describe the impact of global companies and technology on consumer choice and behaviour00SELF-TEST QUESTIONSONBe able to answer the following1. Define the term Globalisation2. Explain the reason why companies trade with different countries3. Define the term TNC and why they locate in Ireland4.?Describe the impact of global companies and technology on consumer choice and behaviourright-17780KEYWORDSGlobalisation - This is the process by which the world become interconnected due to increases tradeTransnational - This is a company that has its head office (Parent Company) inone country but also has subsidiaries around the worldSubsidiary - This is a branch of business or a company that is controlled by a parent companyDelivery Systems - This refers to how the product gets transported from the manufacture to the consumerForeign Direct Investment - This is when a foreign company set ups a subsidiary of their parent company in Ireland or another country. It is also known as FDI and is called inward investment.Transnational Company - This is when a company has their head office on one country and also operated is several different countriesRepatriation of Profits - This is when a TNC send their profits back to their home countryICT - This stand for Information Communication Technology00KEYWORDSGlobalisation - This is the process by which the world become interconnected due to increases tradeTransnational - This is a company that has its head office (Parent Company) inone country but also has subsidiaries around the worldSubsidiary - This is a branch of business or a company that is controlled by a parent companyDelivery Systems - This refers to how the product gets transported from the manufacture to the consumerForeign Direct Investment - This is when a foreign company set ups a subsidiary of their parent company in Ireland or another country. It is also known as FDI and is called inward investment.Transnational Company - This is when a company has their head office on one country and also operated is several different countriesRepatriation of Profits - This is when a TNC send their profits back to their home countryICT - This stand for Information Communication Technology ................
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