FUTURE PREDICTIONS: Fill-in-the-blank
They are seeking additional ______ to fund the development of their new technology.
They are seeking additional INVESTMENT to fund the development of their new technology.
What is GDP?
The total value of all goods and services produced in a country.
Last year, we ______ (attend) a conference in Madrid about sustainable business practices.
Last year, we attended a conference in Madrid about sustainable business practices.
How do quotas affect the supply and demand balance in international trade?
Quotas limit the amount of a product that can be imported or exported. This reduces the supply of the product in the market, which can increase prices and affect consumer demand. It also encourages buyers to shift towards domestic products, helping local industries but disrupting normal market conditions.
what is the target market for Zara? how will you reach them?
Zara's target market is primarily young, fashion-conscious consumers, typically between the ages of 18-35, who seek trendy, affordable, and fast fashion. Zara caters to urban professionals, students, and individuals who are interested in the latest fashion trends but do not want to pay high designer prices.
To reach them, Zara employs a strategy that includes fast inventory turnover, frequent new collections, affordable pricing, and strategic store locations in major cities. They also leverage digital marketing and their user-friendly website for online sales and customer engagement.
The merger is expected to increase our ______ in the global market.
The merger is expected to increase our MARKET SHARE in the global market.
What does FTA stand for, and what is it? Give an example.
Free Trade Agreement.
An agreement between countries to reduce trade barriers like tariffs
EU - European Union
They ______ (launch) the new product line next month after the marketing campaign is complete.
They are going to launch the new product line next month after the marketing campaign is complete.
How do tariffs influence the pricing of imported goods in the domestic market?
Tariffs are taxes on imported goods, which make those goods more expensive in the domestic market. This often leads to higher prices for consumers, making imported products less competitive compared to locally made items.
What problem does amazon solve? How is currently being addressed in the market?
Amazon solves the problem of convenience and accessibility in shopping by providing an online marketplace where consumers can buy a vast range of products from anywhere in the world. The company addresses this through fast delivery options, like Amazon Prime, extensive product categories, and competitive pricing.
Currently, competitors like Walmart, Alibaba, and eBay also provide online shopping platforms. However, Amazon differentiates itself with a global presence, efficient logistics, a wide variety of products, customer-centric services, and advanced technologies like AI to enhance the shopping experience.
Market analysts predict strong ______ in the technology sector over the next few years.
Market analysts predict strong GROWTH in the technology sector over the next few years.
A system designed to optimize the flow of raw materials, work-in-progress inventory, and finished goods from origin to consumption.
Supply Chain
The merger ______________ (result) in a significant increase in market share, allowing the company to dominate key industries across multiple regions.
The merger resulted in a significant increase in market share, allowing the company to dominate key industries across multiple regions.
What are the legal and economic implications of an embargo on international trade?
An embargo is a government ban on trade with a specific country.
Legally, it restricts businesses from conducting trade with that nation, often due to political reasons.
Economically, it can harm the target country's economy by limiting their access to goods and markets, while also affecting businesses in the embargoing country that rely on imports or exports from the targeted nation.
How does Burger King stand out from competitors?
The product ______ is scheduled for the second quarter of 2025.
The product LAUNCH is scheduled for the second quarter of 2025.
This term describes a limit imposed on the amount of a specific product that can be imported into a country during a certain period.
Quota
Next quarter, the firm __________ (introduce) an innovation that aims to streamline logistics, reducing operational costs by 15%.
Next quarter, the firm will introduce an innovation that aims to streamline logistics, reducing operational costs by 15%.
Why is a Certificate of Origin important in international trade?
A Certificate of Origin is important in international trade because it verifies where a product was made.
This helps determine the applicable tariffs, trade agreements, and regulations that apply to the goods. It's essential for customs procedures and can affect the costs and legality of trading goods between countries.
what are some CSR issues with apple?
The company will ______ the financial results for the next quarter by the end of this month.
The company will FORECAST the financial results for the next quarter by the end of this month.
This form of protectionism involves reducing the import of goods by raising their cost through taxes, making domestic products more attractive.
Tariff Barrier
While the board members _____________ (debate) the risk factors of the expansion, the legal team ___________ (review) compliance regulations in the target country.
While the board members were debating the risk factors of the expansion, the legal team reviewed compliance regulations in the target country.
In CIF contracts, what costs are covered by the seller, and what responsibilities fall on the buyer?
In CIF (Cost, Insurance, and Freight) contracts, the seller covers the costs of the goods, transportation to the destination port, and insurance. Once the goods are delivered to the port, the responsibility shifts to the buyer, who handles import duties, taxes, and any additional transport costs beyond the destination port.
How has Tesla scaled their business over time?
Tesla has scaled its business over time by focusing on innovation and expanding its product line. Initially launching with high-end electric vehicles like the Tesla Roadster, the company then introduced more affordable models like the Model S, Model 3, and Model Y, targeting a broader consumer base. Tesla also invested heavily in battery technology and Gigafactories to increase production capacity. Additionally, its Supercharger network and emphasis on autonomous driving technology helped create a comprehensive ecosystem, positioning Tesla as a leader in the electric vehicle industry globally.