Read the text and do the tasks below.

In recent decades, globalisation has transformed the world in unprecedented ways, greatly affecting both developed and poor countries. The rise of multinational companies has been a defining feature of this trend. These giants engage in competition on a global scale, striving to push the boundaries of traditional business practices. However, this has not always resulted in a level playing field, as the benefits are often in favour of richer nations, which tends to widen the gap between them and poor countries.

One of the main catalysts of globalisation has been technology, which has introduced advances in communication and transportation, making it easier for businesses to enter new markets. Consumer choice has expanded, providing access to a vast array of products from around the world. Still, there are concerns about the costs involved in what is perceived by some as corporate greed.

The impact of globalisation on manufacturing has been significant. As companies seek cheaper labour and production costs, they have shifted factories to locations where human rights and labour laws are less tight. This has led to the abuse of child labour, highlighting the darker side of globalisation. Furthermore, the extraction of natural resources to fuel this expansion has sparked debates on climate change and global warming, drawing attention to the environmental responsibility corporations must bear.

Adaptability is crucial in today's global market, requiring companies and individuals alike to look for new trends and adopt a flexible mindset. To excel, industries need to collaborate, harnessing cutting-edge innovations while maintaining sensitivity to local cultures and environments. 

The ethical considerations of globalisation demand a consensus on business practices that safeguard human dignity and the planet. Fostering empathy in the global workforce can lead to more sustainable and fair practices. For globalisation to serve all, rather than just a few, balance must be struck between ambition and responsibility, ensuring the global community can thrive without compromising ethical standards or the environment.

I. Choose the correct title of the text.

a.Technology and Business: A Global Expansion Strategy

b. Corporate Innovations: Transforming International Markets

c. Globalisation: Challenges and Ethical Considerations in a Changing World

Your answer: 

II. Indicate if the statements about the text are true or false.

1. Globalisation usually benefits developed countries. 

2. Technology has played a significant role in facilitating globalisation. 

3. The text suggests that globalisation has improved working conditions everywhere. 

4. Companies often move production to places with less strict labour laws. 

5. The author believes that empathy in the workforce can lead to better business practices. 

6. The text claims that globalisation has no impact on the environment. 

7. Adaptability is important for success in the current global market. 

III. Find words in the text matching the definitions below:

the ability to adjust easily to new conditions or changes in one's environment - 

the process by which businesses and other organisations develop international influence or operate on an international scale - 

to work together with others on a project or task to achieve a common goal - 

general agreement among a group of people about a particular issue or decision - 

being at the forefront of innovation, using the latest technology or ideas that are advanced and modern - 

the rivalry between companies to attract customers and increase sales in the same market -