The loss of the best and brightest people to other countries.
What is brain-drain?
A corporate certificate indicating that a person has lent money to a firm.
What is a bond?
The sum of government deficits over time.
What is the National debt?
A complete ban on the import or export of a certain products.
What is an embargo?
The third planet from the sun.
Earth
The study of how society chooses to employ resources to produce goods and services.
What is economics?
A six-step procedure that results in the preparation and analysis of the major financial statements.
What is the accounting cycle?
An index that measures the change in price at the wholesale level.
What is Producer price index (PPI)?
Creative people who work as entrepreneurs within corporations.
What are intrapreneurs?
Polar bears are the stars of this product.
What is coca-cola?
Selling products in a foreign country at lower prices than those charged in the producing country.
What is dumping?
A leadership style that involves making managerial decisions without consulting others.
What is autocratic leadership?
This is key when dealing with the Japanese culture.
What is patience?
A partnership in which two or more companies (often from different countries) join to undertake a major project.
What is a joint venture?
A popular sitcom that was originally called "Insomnia Cafe" before airing on TV?
What was "Friends" called first?
The total value of final goods and services produced in a country in a given year
What is Gross domestic product?
Purchasing stocks by borrowing some of the purchase cost from the brokerage firm.
What is buying stock on margin?
The quantity of products that manufacturers or owners are willing to sell at different prices at a specific time.
What is supply?
The record book or computer program where accounting data is first entered.
What is a journal?
A lesson in competition, strategy, and teamwork that resulted in this story.
The Tortoise and the Hare.
GDP
What is the abbreviation for Gross Domestic Product?
The positive difference between the purchase price of a stock and its sale price.
What are capital gains?
In the economy, this is minus food and energy costs.
What is core inflation?
The ease with which an asset can be converted into cash.
What is liquidity?
Ms. H.'s generation that makes up roughly 30% of today's workforce.
What is the baby boomers generation?
The price determined by supply and demand.
What is market price?
Skills that involve the ability to picture the organization as a whole and the relationships among its various parts.
What are conceptual skills?
Gross profit divided by net sales.
How do you calculate the gross profit ratio?
The nationwide electronic system that communicates over-the-counter trades to brokers.
What is the NASDAQ?
A child poses this question to an owl.
How many licks does it take to get to the center of a lollypop?