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(c)Discuss the extent to which globalisation has benefited businesses.(25 marks)

Globalisation has created significant
opportunities for businesses to expand
into new markets, achieve economies
of scale and access cheaper resources.

This has led to increased efficiency
and profitability for many firms.

However, globalisation has also increased
competition, putting pressure on profit
margins and leading to job losses in
certain industries.

Overall, while the benefits can be
substantial, they are not experienced
equally by all businesses.

Score

18/25

Good understanding
Strong analysis

Strength

Strong AO2

Analysis is clear and
well-developed.

Evaluation needed

Consider counter
arguments and
balance.

Improve

Stronger conclusion

Link back to context.

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