Globalization and Its Impact on Local Businesses (C1)

Introductory Speaking Activity for Globalization

Discuss:

  1. What does globalization mean in today’s economy?
  2. How has globalization changed the way businesses operate?
  3. Do local businesses benefit from international competition?
  4. What challenges do small businesses face in a global market?
  5. Should governments protect local businesses from foreign competitors?

Key Vocabulary (Advanced)

Core Concepts

  • globalization → globalización
  • local business → negocio local
  • multinational corporation → empresa multinacional
  • international trade → comercio internacional
  • economic integration → integración económica
  • global market → mercado global
  • supply chain → cadena de suministro
  • outsourcing → externalización
  • competitiveness → competitividad
  • market expansion → expansión del mercado

Useful Collocations

  • enter global markets
  • compete internationally
  • support local businesses
  • expand overseas
  • increase competitiveness
  • strengthen the local economy
  • reduce trade barriers
  • face global competition
  • attract foreign investment

  1. branch out (into)
    → expandirse hacia

Phrasal Verbs in a Global Business Context

  • Many local companies branch out into international markets.
  1. compete against
    → competir contra
  • Small businesses struggle to compete against global corporations.
  1. buy out
    → adquirir una empresa
  • A multinational bought out the local manufacturer.
  1. break into
    → entrar en un mercado
  • The company is trying to break into the Asian market.
  1. scale up
    → ampliar operaciones
  • The business scaled up production to meet international demand.
  1. pull out (of)
    → retirarse de
  • Several companies pulled out of the market during the crisis.
  1. team up (with)
    → asociarse con
  • Local businesses teamed up with international partners.

Idioms and Expressions Related to Business & Global Markets

Business & Global Markets

  1. a level playing field
    → igualdad de condiciones
  • Small businesses deserve a level playing field.
  1. think big
    → pensar a lo grande
  • Entrepreneurs should think big if they want to succeed globally.
  1. open new doors
    → abrir nuevas oportunidades
  • Globalization has opened new doors for exporters.
  1. stay ahead of the game
    → mantenerse por delante de la competencia
  • Companies must innovate to stay ahead of the game.
  1. go global
    → internacionalizarse
  • Many successful brands eventually go global.
  1. weather the storm
    → superar tiempos difíciles
  • Local businesses had to weather the storm during the financial crisis.

Useful C1-Level Phrases

Expressing Opinions

  • Globalization has transformed the way businesses compete.
  • Local businesses face increasing pressure from international competitors.
  • Global markets offer significant opportunities for growth.
  • Small enterprises must adapt to remain competitive.

Sophisticated and Well-Reasoned Arguments

  • While globalization encourages economic growth, it can threaten local industries.
  • International competition often drives innovation and efficiency.
  • Supporting local businesses helps preserve cultural identity and employment.

Formal / Academic Language

  • From an economic perspective, globalization has accelerated international trade.
  • Policymakers must balance free trade with the protection of domestic industries.
  • Technological advances have made global markets more accessible than ever before.

Mini Debate (Advanced Speaking)

Motion:

👉 «Globalization benefits multinational corporations more than local businesses.»

Group A: Agree

Group B: Disagree

Useful language:

  • It is widely accepted that…
  • A significant advantage is…
  • Nevertheless…
  • Critics argue that…
  • To conclude…

Writing Task (C1 Essay)

Essay Topic

«Globalization has created more opportunities than challenges for local businesses. To what extent do you agree or disagree?»

Guidelines

Write 220–280 words.

Include:

  1. An introduction explaining globalization.
  2. Advantages for local businesses.
  3. Challenges created by globalization.
  4. A balanced conclusion expressing your opinion.

Optional Challenge (C1+)

Business Report (150–180 words)

Scenario:

You work for your local Chamber of Commerce. Write a report recommending ways to help small local businesses compete in an increasingly global market.

Include:

  • two major challenges caused by globalization;
  • three practical solutions to improve competitiveness;
  • the expected benefits for the local economy.

Bonus Discussion Questions

  1. Should consumers support local businesses even if imported products are cheaper?
  2. How has online shopping changed competition between local and international businesses?
  3. Can globalization threaten a country’s cultural identity?
  4. Which industries benefit the most from globalization?
  5. Do you think globalization will continue to grow, or are we moving towards more protectionist policies?

Si está interesado en saber más sobre el equilibrio y la profesional, haga click en https://lingoptima.com/work-life-balance-in-high-pressure-careers-c1/

¡Únete desde cualquier parte del mundo!

Tanto si eres principiante como si deseas perfeccionar tus habilidades, nuestros profesores te guiarán en cada paso del camino.

LingOptima
Resumen de privacidad

Esta web utiliza cookies para que podamos ofrecerte la mejor experiencia de usuario posible. La información de las cookies se almacena en tu navegador y realiza funciones tales como reconocerte cuando vuelves a nuestra web o ayudar a nuestro equipo a comprender qué secciones de la web encuentras más interesantes y útiles.