Business Practices
A continent with business practices focused on punctuality, direct communication, "getting down to business", and achieving results
What is North America?
When companies buy, sell, or make products in more than one country
What is the definition of global business?
An organization that makes or sells products or services to earn money
What is a business?
Goods or services that a country buys from another country.
What are imports?
How do Australians conduct business?
What is...with direct communication, emphasis on work-life balance, and a consensus in decision-making?
A continent with business practices focused on building relationships, hierarchy, and flexible agendas
What is South America?
When money from one country is traded for money from another country
What is a currency exchange?
The study of how countries make choices, and use money and resources to achieve their wants and needs
What is Economics?
Goods or services that a country sells to another country.
What are exports?
Name one major export from African countries
What are gold, metals, salt, spices, etc...?
A continent with business practices focused on two different types of communication (direct and indirect), attention to detail, and formality/planning
What is Europe?
The type of money a country uses
What is currency?
The exchange of goods and services
What is trade?
A tax on goods and services brought in from other countries
What are tariffs?
What is something people might do to build relationships with colleagues in Japan?
What is an after-work dinner and drinks?
What is Africa?
The rate in which money is exchanged between countries
What is an exchange rate?
The buying and selling of goods/services
What is commerce?
When countries trade goods without extra taxes or limits
What is Free Trade?
How do businesses in Sweden take breaks throughout their work day?
What is Fika (coffee-break)?
A continent with business practices where relationship-building is prioritized, hierarchy and seniority are VERY important, and indirect communication is often used
What is Asia?
The idea that countries are connected through trade, technology, and travel
What is globalization?
The buying and selling of goods online
What is e-commerce?
Anything that makes trade between countries harder
What is a trade barrier?
Name a major export from the USA