World Business News

Tuesday 25 September 2012

The World Trade Organisation

A few resources when looking at the role of the WTO.


The WTO recently released their revised estimates for the growth in world trade for 2012, 2.5% (revised down from 3.7%), and 2013, 4.5% (revised down from 5.6%).

This link to their website can be used to discuss the role the WTO plays in international trade. There is also a short video which provides an excellent introduction to the history and objectives of the WTO: (a more detailed history from Bretton Woods to GATT to WTO is available if you click here)





Sunday 16 September 2012

Business Plan the Levi Roots way!

Welcome to the world of Business Year 9. You are about to watch a clip of Levi Roots, a budding entrepreneur who needs finance to move his business forward.

Whilst you watch this clip I want you to consider the following questions:

Is the name 'Reggae Reggae' Sauce a good one? (Think about why?)
Where should he sell his product?
Would you buy his product? (if not, why not?)
Why di you think 3 Dragons pulled out?
What is the most important reason the Dragons invested in 'Reggae Reggae' Sauce?
Did Levi have a good business plan? (did he have one at all?)