Inward Investment in Senegal

In March 2018 the Turkish leader announced deals worth almost US $600 million in Senegal, the latest sign that foreign investment in Senegal is gradually shifting eastward. France, Senegal’s former colonial ruler, has long dominated foreign investment. Since 2003, however, the country has seen a surge in interest from further afield. According to the UN Conference on Trade and Development (Unctad), most new foreign investment projects have come from non-western countries, including $2.8bn from the United Arab Emirates, $1.23bn from ...

Whaling and the Faroe Islands

Whale hunting in the Faroe Island normally causes global outrage. Now Mike Day has released a documentary, which took four years to film, The Island and the Whales, that shows the complexity of the issue. Traditionally, the islanders’ annual slaughter of pilot whales is virtually the only occasion when the lives of 50,000 Faroese are noticed by the wider world. The documentary tells of a disappearing way of life, a population who are now affected by the results by globalisation – ...

British ash trees may resist dieback disease

Genetic analysis shows native British ash trees may be more resistant than Danish ones to the deadly fungus that has spread across Europe. The ash is one of Europe’s most common trees. Ash dieback fungus first appeared in the UK in 2012, and has spread rapidly since. It is now found in more than half of the country. It has already affected 90% of trees in Denmark and threatens to all but wipe out ash trees there. The new genetic research ...

The Rise of Primark

Since humble beginnings in Dublin, the chain now boasts over 300 stores in 10 countries and 62,000 employees. On April 14th 2016 Primark will open its first store in Italy. The store is in Arese some 12km from fashion hotspot Milan, in a former Alfa Romeo factory now transformed into one of the largest shopping centres in Italy. Following the success of its first store in the USA, opened in Boston in September 2015, there are plans for a further six in ...

How technology is endangering the call centre

Call centres have created millions of jobs in the emerging world. However, technology threatens to take those jobs away again. The new SM Aura shopping centre in Manila contains an enormous call centre on its top floor. Call centres need young, well-educated middle-class people, as workers rather than customers. The Call Centre is run by Teleperformance, a TNC based in France. Seldom has any country been so transformed by one industry as the Philippines has been by call centres. The first ...

Globalised strategy

Globalisation measures the flow of goods, services, capital and labour between countries resulting in the closer integration of the economies, cultures, and political interests of the countries and peoples of the world. Joseph Stiglitz, economist and winner of the Nobel Prize, defined globalisation (in Globalisation and its Discontents) as: “The closer integration of the countries and peoples of the world ...brought about by the enormous reduction of costs of transportation and communication, and the breaking down of artificial barriers to the ...

Case studies and concepts: Lenovo

Growth is a topic that can be used as the focus for all 6 business management concepts: Change Culture Ethics Globalisation Innovation Strategy As a result, it will be useful for students to select a case study that relates to growth, as this can satisfy many questions set on Paper 2, section C. Given the broad nature of possible questions, it will be beneficial for students to research large multinational concerns to illustrate, and support, an answer to a concept based ...