Adding or putting money into an account.
What is a deposit?
The difference in value between a nation's imports and exports.
What is balance of trade?
Statistics about where people live
What is geographics?
The primary goal of all businesses.
What is to earn profit?
Choosing between the welfare of the organization and the individual's advancement of personal interests.
What is conflict of interest?
Taking money out of an account.
What is a withdrawal?
A monopoly that exists when a country is the only source of an item.
What is absolute advantage?
When a customer purchases products from one brand over another.
What is brand loyalty?
A good or service with tangible and intangible characteristics that provides satisfaction and benefits.
What is a product?
A business's obligation to maximize its positive impact and minimize its negative impact on society.
What is social responsibility?
Extra money that you either earn or owe.
What is interest?
Tax levied by a nation on goods imported into the country.
What is import tariff?
Statistics about age, gender, income, ethnicity, education, occupation, etc.
What are demographics?
The study of how resources are distributed for the production of goods and services within a social system
What is economics?
Formalized rules and standards that describe what a company expects of its employees.
What is the company's code of ethics?
The management of large amounts of money, especially by governments or large companies.
What is finance.
The total amount of money being transferred into and out of a business
What is cash flow?
The people that a business want to sell to.
What is a target audience?
The funds used to acquire the natural and human resources needed to provide products.
What is capital?
Principles and standards that determine acceptable conduct in business.
What is business ethics?
The aggregation of buyers and sellers which represent ownership claims on businesses.
What is the Stock Market?
The basis of most international trade, when a country specializes in products that it can supply more efficiently or at a lower cost.
What is comparative advantage?
An unpopular method of marketing towards all customers.
What is mass marketing?
An economic system in which the government owns and operates basic industries but individuals own most businesses.
What is socialism?
The act of exposing an employer's wrongdoing to outsiders.
What is whistleblowing?