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Week1 portfolio - GBE Portfolio Framework Week 1 Thinking...

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GBE Portfolio Framework Week 1 Thinking about your learning this week   What is globalisation and what does it mean to you in your daily life? Write a brief  paragraph summarising your response to these questions. Globalisation to me means unified one world. There are no borders and less barriers for the people of planet earth to trade goods and services, make investments internationally, exchange ideas, technology, travel to foreign countries faster thanks to technology development. Our world is functioning as one and lets not forget that we have increased economic integration nowadays. There are opportunities as well as challenges when it comes to globalisation. Everyday businesses face fierce competition not only locally but also international competition. Big corporations try to cut costs by outsourcing services. Whereas, countries are more dependent on each other due to scarce resources, therefore they import and export goods.
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