Need help with my homework and can you please follow the structure on the other photo and question on seperate photo, thanks It should have three parts:1. Introductiona. Start with a thesis that answers the question (including the definition of key terms)b. Follow up with a connection to paragraph points and intro to case studiesSample AnswerGlobalisation refers to the increasing increasing integration between national economies and includes thereduction of barriers of trade. Globalisation has had a large impact on many business processes, allowingaccess to new markets and suppliers without being restricted by location. In particular, globalisation hasaffected the way in which businesses manage the interaction between price and product quality, particularlythrough the access of offshore outsourcing, economies of scale and the global web of supply chainmanagement. In this response, the businesses Kmart, an Australian-based discount department store, AltApparel, a Canadian women's clothing brand, and Blackmores, an Australian pharmaceuticals companywill be used to demonstrate the ways in which globalisation has impacted the price and quality interactionat their products.2. Body Paragraphs - Be sure to include in each section:a. Define - Define the key term in the question to show understandingb. Point - Answer the question as a mini-thesisC. Example - Go deeper and explain how your business operates in relation to the questiond. Implication - Use statistics as evidence to demonstrate the impact of what they dide. Link - Conclude by linking back to your thesisSample Answer (just economies of scale section)Economies of scale refers to the mass production of goods to the point at which cost-per-unit decreasesand savings are made. Discount department stores have effectively used economies of scale opportunitiespresented by globalisation to increase efficiency and output amounts, helping maintain their low prices.Access to overseas manufacturing led Kmart in 2016 to, rather than outsource, purchase and open 5 newlarge-scale factories on the island Jakarta in Indonesia. Producing up to 1600 toys and household items perminute, globalisation allowed Kmart to open these factories at a scale to which wouldn't be financiallysustainable in Australia. These factories bulk manufacture low quality items in high amounts, and allowKmart to reduce their prices. In this way, the low quality items interacting with low prices satisfy manycustomers demands for cheap goods and thus since opening these operations in Jakarta sales havesoared, in 2017 revenues reached $432 million and profits increased by 29% to over $90 million. Therefore,the price-quality interaction allowed by economies of scale by Kmart's use of the advantages ofglobalisation can directly be seen to fulfill marketing goals of fulfilling customer wants and translating theseinto sales and profits, and hence, business success.3. Conclusion (doesn't have to be too long!)a. Reaffirm your perspectives by restating your thesisb. Summarise how case studies support your thesisSample AnswerOverall, globalisation has had a profound impact on the price-quaty interaction of global brand's products. Analyse how consumer laws influence marketing strategies.

Question

Accepted Answer

Consumer – An individual who buys products or services from manufacturers, wholesalers, or retailers…