Basic Business
Production
Business Structures
International Business
Labor and Compensation
100
Generating Profits and Delivering Value
What are the core goals of business.
100
Natural Resources, Capital, Human Resources, Entrepreneurship
What are the four major categories that are factors of production?
100
In this type of market people strive to raise their standard of living and drive consumerism and businesses
What is Capitalism?
100
This is what a domestic company uses to enter a foreign market with little to no investment costs.
What is foreign licensing?
100
Under Sarbanes-Oxley, workers who report fraudulent activity in the workplace are protected as this.
What is a whistleblower?
200
This is the study of choices and actions that different entities make in allocating resources
What is economics
200
If a country can produce a good at a lower opportunity cost than other nations, it is called:
What is competitive advantage?
200
Most businesses are formed as this structure.
What is sole proprietorship?
200
These are three main challenges with infrastructure that need to be addressed when entering a foreign market.
What is Transportation, communication and energy?
200
This is used to deliver complex personal messages and is considered to be the highest level of communication/ channel richness.
What is a face to face meeting?
300
This is a work stoppage when one component of an assembly line becomes overloaded and can't keep up with production demand.
What is a bottleneck?
300
This advocates for consumers to have the right to be informed, to be safe, to choose and to be heard.
What is consumerism?
300
These are types of business models.
What is sole proprietorship, partnership, LLC, Joint Venture?
300
Companies must consider these factors when calculating a "living wage" for employees.
What are company values, and laws of the US and host nations?
300
This assumes that challenging creative work will motivate employees to do their best.
What is job enrichment?
400
This is dependent on the relationship between the price and quantity from a customer demand standpoint.
What is the demand curve?
400
This is a group of products offered by a firm that are closely related to each other either in terms of how they work, or they customers they serve.
What is a product line?
400
This is concerned with all activities involved in creating goods and services and the distribution of those goods and services to customers.
What is Operations Management?
400
This is an employee that works in a foreign country.
What is an expatriate?
400
This requires managers to give employee's 1:1 feedback comparing actual results to expected results.
What is a performance appraisal?
500
Most businesses are formed as this type.
What is sole proprietorship?
500
By turning flour and sugar into cookies, value is added by providing this.
What is form utility?
500
This business structure allows the business to act as its own "person".
What is a corporation?
500
This is the total value of everything produced by all the people and companies in the country
What is GDP?
500
This business effort is responsible for maximizing the return on investment for labor efforts.
What is Human Resources Management?
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