Chapter 1
Starting Out
Chapter 2
Ethics & Social Responsibility
Chapter 3
Economies
Chapter 4
Globalization
General Business Knowledge
100
The measurable characteristics of a particular population.
What is Demographics
100
Principles of right and wrong that influence behavior.
What are Ethics
100
Infringes on the right to compete and the right to free choice.
What is a monopoly
100
A tariff is a customs duty or tax on imports that functions as a trade barrier.
What is a Tariff
100
Mainly exported by the United States
What are Capital Goods
200
the amount of goods and services people can buy with the money they have
What is Quality of Life
200
Someone who reports misconduct to authorities is someone within the offending organization.
What is a whistleblower
200
In economic terms, defined as the quantity of products that people are able and willing to buy at various prices at a given time.
What is Demand
200
The shared set of beliefs, values, knowledge, and patterns of behavior common to a group of people.
What is Culture
200
A government strategy to remove money from the general economy
What is to Raise Taxes
300
Expenses - Revenue
What is the formula for calculating profit?
300
The illegal use of private company information to further one's own fortunes or those of family or friends.
What is Insider Trading
300
Buyers have the most control?
What is a Free Market
300
The value of a country's exports compared to the value of its imports, measured over a specific period of time.
What is Balance of Trade
300
The current term for nations with low economic development and low average incomes.
What is Developing Countries
400
Entrepreneurs invest time and money in a business in spite of the fact that it may not make a profit.
What is Risk
400
Written standards guiding employees on appropriate ways to treat stakeholders and prohibiting conflicts of interest.
What is Code of Ethics
400
The traditional factor used to measure productivity?
What is Quantity
400
Allows for movement of goods and services among nations without political or economic restrictions.
What is the Principle of Free Trade
400
The increasing diversity of the U.S. population impact both customers and employees of an organization.
What is Social Differences
500
The practice of using suppliers outside the United States to provide labor, goods, or services for an American business.
What is Global Outsourcing
500
Whistleblowers are protected from retaliation by their employers.
What is the Sarbanes-Oxley Act of 2002
500
Sellers can charge more for it.
What happens when a product is scarce?
500
The physical facilities that form the basis for a country's economic development.
What is Infrastructure
500
The decline in total household wealth was five times greater than the decline of wealth that occurred during the Great Depression.
What was the Great Recession of the late 2000s.
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