Question types

Start with

Question limit

of 118 available terms
(8 exact duplicates found)

Print test

114 Matching questions

  1. Percent of population that wants to work but is unable to find jobs
  2. Number of goods/services consumers buy at a given price at a specific time
  3. The total value of final goods & services produced in a country in a given year.
  4. Middlemen that help companies by handling their international transactions.
  5. Spending declines, layoffs, economy slows down
  6. The hiring of a foreign company to produce a specified volume of the initiating company's product to specification.
  7. Requires balancing global brands with the needs of local consumers
  8. The basis of the most international trade, when a country specializes in products that it can supply more efficiently or at a lower cost than it can produce other items.
  9. The relocation of a business process by a company or subsidiary to another country.
  10. Regulations that restrict the amount of currency that can be bought or sold.
  11. A society in which the people, without regard to class, own all the nation's resources.
  12. The U.S. usually has a ____ balance of trade.
  13. Very few businesses selling a product
  14. What is the most commonly observed ethical misconduct?
  15. The difference in the value between what a nation exports and imports.
  16. What are the 4 dimensions to social responsibility?
  17. Negative balance of trade
  18. The sharing of the costs of operation of a business between a foreign company & a local partner.
  19. The monthly statistic that measures the pace of inflation or deflation.
  20. A union of European nations established in 1958 to promote trade among its members. One of the largest single markets today.
  21. Bartering products for other products instead of for currency.
  22. A _____ based ethics code creates an environment where ethics are a part of the core organizational values.
  23. The difference between the flow of money in and out of a country.
  24. The ratio at which one nation's currency can be exchanged for another nation's currency.
  25. A good or service with tangible & intangible characteristics that provide satisfaction and benefits
  26. The physical facilities that support economic activities.
  27. Being ethical
    Doing what is right just & fair
    Avoiding harm
  28. Buys goods in one country & sells them to buyers of another country.
    Handles all activities required to move products from one country to another.
  29. Economy is growing and consumers are spending money
  30. What 4 things does the marketing staff determine?
  31. An international trade alliance that promotes open trade & economic & technical cooperation among member nations.
  32. List 3 Socialist countries:
  33. being a good corporate citizen
    contributing to the community and quality of life
  34. Business's obligation is to maximize its positive impact and minimize its negative impact on society
  35. Number of products businesses will sell at different prices at a specific time
  36. Agreement that eliminates most tariffs & trade restrictions on agricultural & manufactured products to encourage trade among Canada, the U.S. and Mexico.
  37. Government intervenes and regulates business to some extent
  38. Provide goods and services but do not have the fundamental purpose of earning profits
  39. Shows the relationship between price & quantity demanded.
  40. List 3 Free Enterprise Countries:
  41. How many members are in WTO & what percentage of global trade do they represent?
  42. Condition characterized by continuing rise in prices
  43. Occurs when an employee exposes an employer's wrongdoing to outsiders
  44. True or False: No country practices pure capitalism, socialism, or communism.
  45. The transferring of manufacturing or other tasks, such as data processing, to countries where labor and supplies are less expensive.
  46. A plan used by international companies that involves customizing products, promotion & distribution according to cultural technological, regional & national differences.
  47. Standard and principles used by society t ode fine appropriate behavior at work
  48. How much does the U.S. import in goods & services annually?
  49. Decline in production, employment, and income
  50. Obeying the law
    Playing by the rules of the game
  51. Many small businesses in same product market
  52. Small number of businesses, Little difference in products
  53. Business Reputation depends on what 3 things?
  54. An individual who risks his/her wealth, time and effort to develop for profit an innovative product or way of doing something.
  55. Technological Advances are creating what?
  56. The ownership of overseas facilities.
  57. An identifiable problem, situation, or opportunity that requires a person to choose from among several actions that may be evaluated as right or wrong, ethical or unethical
  58. What 4 things does Entrepreneurship requires:
  59. List 3 Communist Countries:
  60. The extent to which businesses meet the legal, ethical, economic, and voluntary responsibilities placed on them by their stakeholders
  61. How does the demand curve fall?
  62. A form of licensing where a company (franchiser) agrees to provide a franchisee a name, logo, operational guidelines, products, etc., in return for a financial commitment & the agreement to conduct business in accord with the franchiser's standard of operation.
  63. Mixed Economies exists where some allocation of resources is made by these 3 things:
  64. Distribution of resources & products is determined by what 2 things?
  65. System in which the government owns and operates basic industries but individuals own most businesses
  66. The American economic system can best be described as:
  67. Distribution of resources for the production of goods and services within a social system
  68. A monopoly that exists when a country is the only source of an item, the only producer of an item, or the most efficient producer of an item.
  69. During the _____ economy ear, companies began to conduct research to find out what products consumers needed & wanted.
  70. Individuals or organizations trying to earn a profit by providing products that satisfy people's needs
  71. A restriction on the number of units of a particular product that can be imported into a country.
  72. What replaced GATT & when?
  73. International organization dealing with the rules of trade between nations.
  74. a
  75. What is the highest level of international business involvement?
  76. The purchase of goods and services from foreign sources.
  77. Activities that independent individuals, groups and organizations undertake to protect their rights as consumers
  78. A trade arrangement where one company allows another company to use its company name, products, patents, brands, trademarks, raw materials, & production processes in exchange for a fee or royalty.
  79. True or False: In the process of offshoring, the company retains control of the process & no subcontracting to another company is needed?
  80. The 2 things are at the heart of business ethics:
  81. Why is offshoring appealing? (3)
  82. How much does the U.S. export in goods & services annually?
  83. What 2 countries are rapidly advancing & represent huge markets?
  84. What are the 4 types of resources?
  85. Conducting activities
    with the long-term well-being of the natural environment in mind
  86. At least _____ nations outrank the U.S. in terms of subscribers to broadband Internet access
  87. Formalized rules and standards that describe what a company expects of its employees
  88. Which act contains 16 titles meant to increase consumer protection?
  89. Part of a nation's legal structure
    May be established or removed for political reasons
  90. What is the current basis for the protection of personal privacy?
  91. How many nations signed GATT and when?
  92. Which act was passed almost unanimously by congress in the early 2000's?
  93. Organization established in 1947 to promote trade among member nations by eliminating trade barriers & fostering financial cooperation.
  94. Organization established in 1946 by industrialized nations to loan money to underdeveloped & developing countries.
  95. How a society distributes its resources to produce goods and services
  96. A group of firms or nations that agrees to act as a monopoly & not compete with each other, in order to generate a competitive advantage in world markets.
  97. The sale of goods and services to foreign markets.
  98. What type of laws have developed from both common & statutory laws?
  99. Customers, Employees, Investors, regulators, community, and society. Those that have a stake in the success and outcomes of a business.
  100. What are the 4 major economic indicators?
  101. Unemployment very high; consumer spending low; business output sharply reduced
  102. Finance is the primary responsibility of who?
  103. The act of a country or business selling products at less than what it costs to produce them.
  104. In a free market, decisions about what & how much products are, are made by:
  105. A tax levied by a nation on goods imported into the country.
  106. Forum for tariff negotiations
    Place for international trade issue discussion & resolution.
    Was replaced byWorld Trade Organization in 1995.
  107. Rivalry among businesses for consumers' dollars
  108. All economic decisions made without government intervention, Also known as free market
  109. A strategy that involves standardizing products (promotion & distribution) for the whole world as if it were a single entity.
  110. Attempting to improve upon provisions laid out in the Sabanes-oxley Act.
  111. A partnership formed to create competitive advantage on a worldwide basis.
  112. Advance personal interest over others' interests & Benefit self at the expense of the company
  113. Individuals own and operate majority of businesses providing goods and services
  114. Creating a positive association with environmental issues for an unsuitable product, service or practice.
  1. a Supply
  2. b Voluntary Responsibilites
  3. c Recession
  4. d Exchange Controls
  5. e CPI
  6. f China & India
  7. g Cartel
  8. h Lower wages
    High skills
    Time zone differences
  9. i Strategic Alliance
  10. j Economic Systems
  11. k Asia-Pacific Economic Cooperation (APEC)
  12. l Fairness & Honesty
  13. m World Bank
  14. n Exchange Rates
  15. o GDP
  16. p Exporting
  17. q Multinational Corporations
  18. r True, Economic systems can be mixtures and often contain various elements of government intervention
  19. s Multinational Strategies
  20. t Economic
  21. u 2 Trillion
  22. v Pure Capitalism
  23. w Natural, Human, Financial, Intangible
  24. x Economic Expansion
  25. y Absolute Advantage
  26. z Product
  27. aa Oligoply
  28. ab Consumerism
  29. ac Importing
  30. ad From left to right
  31. ae Countertrade Agreements
  32. af Sweden, Israel, India
  33. ag Comparative Advantage
  34. ah Contract Manufacturing
  35. ai Trading Company
  36. aj Outsourcing
  37. ak Negative
  38. al The U.S. Constitution
  39. am Inflation
  40. an Economic Contraction
  41. ao China, North Korea, Cuba
  42. ap Economics
  43. aq True
  44. ar Global Marketing
  45. as Pure Competition
  46. at Code Ethics
  47. au Marketing
  48. av Ethical Responsibilities
  49. aw Liscensing
  50. ax Dodd-Frank
  51. ay Greenwashing
  52. az Demand
  53. ba Modified Capitalism
  54. bb 10
  55. bc 1.5 Trillion
  56. bd Quota
  57. be GDP
    Inflation Rate
    Unemployment Rate
    Price Indexes
  58. bf Global Strategy (globalization)
  59. bg Offshoring
  60. bh Demand Curve
  61. bi Public, Government, Market
  62. bj Distribution, Place, Promotion, Price
  63. bk Export Agents
  64. bl Tariff & Trade Restrictions
  65. bm GATT
  66. bn Communism
  67. bo Balance of Trade
  68. bp Profit
    Ethical Conduct
    Social Responsibility
  69. bq Monopolistic Competition
  70. br Owners
  71. bs Sustainability
  72. bt Depression
  73. bu World Trade Organization (WTO) in 1995.
  74. bv World Trade Organization (WTO)
  75. bw Franchising
  76. bx Legal Responsibilities
  77. by Socialism
  78. bz Buyers and Sellers
  79. ca 23 in 1947
  80. cb Import Tariff
  81. cc Non-Profit Organizations
  82. cd Modified & Free Capitalism.
  83. ce Infrastructure
  84. cf Ethical Issues
  85. cg Entreprenuer
  86. ch United States, Australia, Japan
  87. ci Supply & Demand
  88. cj Corporate Citizenship
  89. ck Competition
  90. cl Misuse of company resources
  91. cm 153 members representing 95% of global trade.
  92. cn Conflict of Interest
  93. co Social Responsibility
  94. cp North American Free Trade Agreement (NAFTA)
  95. cq Capitalism/Free Enterprise
  96. cr European Union (EU)
  97. cs Dodd-Frank Act
  98. ct International Monetary Fund (IMF)
  99. cu Joint Venture
  100. cv Stakeholders
  101. cw Sarbanes-Oaxley
  102. cx Direct Investment
  103. cy Business Ethics
  104. cz Product Liability
  105. da Risk
  106. db Unemployment
  107. dc Global Marketing Opportunities
  108. dd Whistleblowing
  109. de Business
  110. df Integrity
  111. dg b
  112. dh Dumping
  113. di Balance of Payments
  114. dj Trade Defecit