What is motivation. How important is it in business?
Task 2. R ead and retell the text.
Many critics o f globalization say that it is a major cause o f poverty,
that it opens up developing countries to exploitation by big foreign
corporations, and that it results in people in wealthy
countries losing jo bs
when cheaper foreign imports put their companies out o f business.
They also criticize foreigners for “ buying up” local companies and creating
a homogenized world run by multinational corporations not accountable to
any government. Globalization
for all its faults, helps economies grow-
which means improving standards o f living for billions o f people around
the world. The United Nations
Human Developm ent Index, an indicator o f
literacy and standard o f living in countries around the world,
shows that
during the last years o f the twentieth century, more than a billion people
around the world escaped absolute poverty through economic growth.
Those countries that embraced globalization have
enjoyed rates o f growth
that were, on average, 50 percent higher than those with closed borders.
Globalization, we must note, does benefit some people more than others.
Access to technology and capital has created
new j o b s for workers in
developing countries, and those countries and com panies with technology
and capital to sell have also benefited enormously from globalization.
T ask 3. Give you r idea on the topic” Industries”
Card 21
Task 1. A n sw er the question Give you r idea on the topic:
How do businessm en develop their new product?
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