Global market | Bài thảo luận tiếng anh thương mại

TRƯỜNG ĐẠI HỌC THƯƠNG MẠI
Viện Quản Trị Kinh Doanh  BÀI THẢO LUẬN
HỌC PHẦN: TIẾNG ANH THƯƠNG MẠI 1
ĐỀ TÀI: GLOBAL MARKET NHÓM 7
Giảng viên: Phan Tú Lan
Mã lớp HP: 242_ENTI3311_01 1
CỘNG HÒA XÃ HỘI CHỦ NGHĨA VIỆT NAM
ĐỘC LẬP – TỰ DO – HẠNH PHÚC
BIÊN BẢN HỌP NHÓM 7
I. Thời gian, địa điểm:
- Địa điểm họp nhóm: Google Meet
- Thời gian họp nhóm: 20h30 – 21h30 ngày 21 tháng 02 năm 2025
II. Thành phần tham gia: 1. Nguyễn Thị Quỳnh 2. Đinh Thị Sơn 3. Phạm Đình Tân 4. Đào Trần Nhật Thanh 5. Nguyễn Đức Thành 6. Trương Văn Thản III. Nội dung:
1. Mục tiêu buổi họp nhóm: Lập outline bài thảo luận 2. Nội dung:
- Tìm ra đề tài cụ thể
- Dựa vào kết cấu thảo luận để đưa ra sườn bài làm
- Các thành viên đóng góp ý kiến
3. Kết quả: Lập được một bản outline cụ thể và tiến tới phân nhiệm vụ
Thư ký Nhóm trưởng Quỳnh Thản
Nguyễn Thị Quỳnh Trương Văn Thản 2 TABLE OF CONTENTS
I. INTRODUCTION.................................................................................................3
II. BODY.................................................................................................................... 3 1.
Characteristics of the Global Market...............................................................3 2.
Benefits of the Global Market.........................................................................4 3.
Challenges of the Global Market....................................................................5 4.
Solutions to Maximize Opportunities and Mitigate Challenges......................5
III. CONCLUSION...................................................................................................6 3 I. INTRODUCTION
In the context of an increasingly flat world, globalization has become an inevitable
trend, deeply affecting all aspects of economic and social life. The global market, with its
own characteristics, benefits and challenges, is reshaping the way we do business, consume and interact with each other.
In this article, we will explore the overall picture of the global market, from its basic
characteristics, the great benefits it brings, to the significant challenges we face. At the same
time, we will also propose feasible solutions to maximize opportunities and minimize risks
in the context of increasingly deep globalization. II. BODY
1. Characteristics of the Global Market
The global market refers to the interconnected economic system where goods,
services, and capital move freely across international borders. It allows businesses to expand
beyond their home countries and access a larger customer base worldwide. This market is shaped
by globalization, trade agreements, and technological advancements, making it
easier for companies to operate on a global scale.
The global market is characterized by trade liberalization and economic openness,
allowing goods, services, and capital to flow freely across borders. This openness
encourages international business expansion and economic growth. Additionally, multiple
countries and multinational corporations actively participate, creating a highly competitive
environment where businesses seek to establish a global presence.
Another key feature is the application of technology in international trade, which
enhances efficiency, reduces costs, and facilitates seamless transactions across different
regions. Furthermore, trade agreements and international economic organizations, such as
the World Trade Organization (WTO), the International Monetary Fund (IMF), and the
World Bank (WB), play a crucial role in regulating global trade, promoting economic
stability, and supporting international cooperation. These factors collectively shape the
dynamic and interconnected nature of the global market. 4
2. Benefits of the Global Market a.
Benefits of the Global Market for Businesses.
First, globalization allows companies to expand beyond their home country and reach
millions of new customers. Instead of being limited to a single market, businesses can sell
their products and services worldwide, increasing sales and brand recognition. This not only
helps them grow faster but also makes them stronger against economic changes in one region.
Second, businesses gain access to greater investment opportunities and international
partnerships. When companies enter the global market, they attract foreign investors,
collaborate with international firms, and even establish joint ventures. This helps them
secure funding, improve supply chains, and expand into new territories more effectively.
Finally, globalization helps businesses learn and apply new technologies and
business models. By engaging in international markets, businesses are exposed to new
technologies, modern management practices, and evolving consumer trends. This pushes
them to improve their products, streamline operations, and stay ahead in a rapidly changing world. b.
Benefits of the Global Market to Consumers
First, The global market allows consumers to access a vast range of products from
different countries. This includes international brands, unique cultural goods, and advanced
technology that may not be available locally. For example, people in Asia can easily
purchase European fashion, while consumers in the U.S. can enjoy Japanese electronics.
This variety enhances consumer satisfaction by offering more options tailored to different needs and preferences.
Second, Global competition forces businesses to optimize their production and
reduce costs. Many companies manufacture goods in countries with lower labor and
material costs, leading to cheaper products for consumers. Additionally, the availability of
multiple brands selling similar products creates competitive pricing, helping consumers save
money while still accessing high-quality goods. For instance, the presence of international
smartphone brands keeps prices competitive and affordable for buyers worldwide. 5
Finally, Companies constantly innovate to remain competitive in the global market.
This results in better product quality, improved designs, and cutting-edge technology.
Consumers benefit from enhanced durability, functionality, and efficiency. For example,
global competition in the automobile industry has led to safer, more fuel-efficient, and
environmentally friendly vehicles.
3. Challenges of the Global Market a. Intense Competition
Domestic businesses struggle to compete with large multinational corporations.
"When we talk about 'Intense Competition' in the global market, we mean that businesses
have to fight really hard to sell their products or services. Big companies, called
multinational corporations, are very powerful. They have lots of money, experience, and
customers all over the world. This makes it tough for smaller, local businesses to compete.
These big companies can often sell things cheaper or have better technology. So, local
businesses need to be very smart and work hard to succeed." b. Environmental and Labor Issues
Environmental pollution, cheap labor, and labor exploitation. "When we talk about
'Environmental and Labor Issues', we mean problems related to the environment and how
workers are treated. 'Environmental pollution' happens when factories or businesses release
harmful things into the air, water, or land. 'Cheap labor' means that workers are paid very
little for their work. 'Labor exploitation' is when workers are treated unfairly, like being
forced to work long hours or in dangerous conditions. These issues are important because
they can harm the planet and the people who work hard to make things."
4. Solutions to Maximize Opportunities and Mitigate Challenges
In order to maximize opportunities and mitigate challenges in the global market,
businesses and governments must work together to implement effective solutions.
For businesses, this can involve diversifying products and services, investing in
research and development, forming strategic partnerships, adopting sustainable practices,
and developing a strong online presence. By doing so, businesses can increase their
competitiveness, reduce risks, and capitalize on new opportunities. 6
For governments, this can involve negotiating trade agreements, providing export
incentives, investing in infrastructure, fostering a business-friendly environment, and
supporting small and medium-sized enterprises. By doing so, governments can create an
enabling environment for businesses to thrive, promote economic growth, and improve living standards.
Ultimately, a collaborative approach between businesses and governments is
necessary to address the challenges and opportunities presented by the global market. By
working together, we can create a more prosperous and sustainable future for all. III. CONCLUSION
Through the above analysis, we can see that the global market brings countless
opportunities, but also poses many challenges. Adapting to the globalization trend is not just
an option, but a vital requirement for every business and every country. To seize the
opportunities and address the challenges in the global market, we need the cooperation of all
stakeholders including: Businesses, Governments and Consumers . Only when we act
together can we maximize the benefits that the global market brings, while minimizing the negative impacts 7