Political
The 3 traditional forms of ownership
Sole Proprietorship
Partnership
Corporation
A technique where the value of the initial investment is greater than dollars available to invest
Leverage
A generation defined by:
Quality > Brand
Want authenticity
Access > Ownership
Will change jobs
Millennials
The extent to which a customer is “committed” to a product or service
Lock-In
A Foreign entry strategy where a company establishes their own ________ but manufacture in their domestic market and ship abroad
Sales Office
Limited partners lose ______ in exchange for limited liability.
Management Power
When a broker demands more money be paid to cover potential losses.
Margin Call
The largest age demographic (generation) among working adults
Gen X / Forgotten Generation
3 of the 5 industries most changed by technology
Music
Travel
Transportation
Publishing
Retail
The highest risk Ansoff expansion strategy, including subcategories.
Unrelated Diversification
3 ways in which businesses influence the government.
Lobbying
Collaboration / Input
Advertising
The 3 financial pillars & their intended users
Banks & Alternate Banks - SME
Specialized Lending / Saving intermediaries - M-L
Investment Dealer - Large & Established
The 4 characteristics of demographics
Size
Characteristics
Participation
Future & Trends
The 4 phases of the virtuous cycle (Any order)
Availability of complementary goods
Attractiveness to users
Number of users
Attractiveness to producers of complementary goods
All 4 Ansoff expansion strategies, including subcategories
Market Development
Product Development
Diversification - Related and unrelated
The 3 elements of political factors
Taxes
Trade agreements or conditions
The 4 elements of economic factors
Inflation/deflation
Interest rates
Employment rates
Exchange rates
The 4 elements of social factors
Customs
Habits
Values/attitudes
Demographic characteristics
The 3 elements of technological factors
Internet
Information technologies
Materials & equipment
All expansion strategies, listed from least to most expensive
Indirect Export
Sales Agent / Distributor
Licensing / Franchising
Alliance / Joint Venture
Local Sales Office
Foreign Subsidiary
The government body that consults with industry members and regulates the Canadian communications sector
CRTC or Canadian Radio-television and Telecommunications Commission
The type of agreement signed to pledge securities as collateral in order to receive margin.
Hypothecation or Margin Account Agreement Form
The geographic distribution trend that Canada is currently experiencing.
Shrinking rural communities or Increasing urban concentration
The 3 strategies used to change the vicious cycle to a virtuous one.
compatibility
partnerships
incentives for complementary goods suppliers/build base
5 of the 7 factors to consider when comparing countries for possible expansion.
Population
Average Spending
Customer Reachability
Competition
Liability of Foreignness
Distance
Administrative Barriers