Lesson 1
import's definition
buy goods from another country
What is marketing?
Promoting products
B2B2C
Business to Business to Cunsomer
Body language" definition?
Nonverbal communication such as gestures, posture, and eye contact.
What is GDP (Gross Domestic Product)
GDP is the total value of all goods and services produced in a country during a specific period.
what is human capital?
knowledge, skills, health, and experience
Just skip your turn :(
don't add or divide any point
Type of Business
1.solo trader 2. partnership 3.limited ability company 4. public limited company/corporation
what is networking?
Networking is building relationships ans making useful connections with people.
Productivity
Output per worker
what attracts investors?
good infrastructure
name one type of viral marketing!
Email marketing
What does "climb the corporate ladder" mean
To advance in one's career
Minus
Minus
recission-?
Economic decline
What improves productivity?
Modern technology.
what factors can cause a new product to fail?
poor quality, high prices
Bonus
Bonus
Why "A networker is like a bridge"
because "they connect with different people and sometimes connect those people to each other."
What promotes sustainable economic development?
Education and infrastructure
What is needed for global competetion?
skilled workers
what does "market segmentations" means
dividing a market into smaller groups
what are two benefits of industry classification?
Organizing businesses and facilitating investment decisions
Why a mutual benefit important in networking?
Both people gain something positive.
How can Globalization increase economic vulnerability?
Increased global dependence