Cards (3)

  • Financial Markets
    → Have changed business activity due to the expansion of multinational corporations (also known as MNC)
    → With easier access to international capital, MNC’s can invest in foreign markets, altering and changing various international business landscapes
  • Labour Markets
    → Where impacted by Covid-19 when there was an 85% decrease in migration, hence impacting businesses reliance to depend on skilled migrant workers
    → This led to increased competition for skilled workers locally and higher labour costs for businesses 
  • Consumer Markets
    → Can be impacted by global economic shifts, such as the 2008-9 financial crisis, Covid-19 and trade tensions affecting international trade
    → Businesses must adapt to changes in demand and trade policies while taking oppurtunities in emerging markets to remain competitive