Business Essentials 1
Business Essentials
Business Essentials
Business Essentials
Business Essentials
100
The purchase and sale of goods in an attempt to make a profit.
What is Business.
100
Of pertaining to or characteristic of commerce.
What is Commercial.
100
to ship (commodities) to other countries or places for sale, exchange, etc.
What is Export.
100
An order of a government prohibiting the movementof merchant ships into or out of its ports.
What is Embargo.
100
An international body concerned with promoting and regulating trade between its member states; established in 1995 as a successor to GATT
What is World Trade.
200
The act of producing, creation, manufacture.
What is Production.
200
The sale of goods to ultimate consumers, usually in small quantities.
What is Retail.
200
To bring in (merchandise, commodities, workers, etc.) from a foreign country for use, sale, processing, reexport, or services.
What is Import.
200
Authoritative permission or approval, as for an action.
What is Sanction.
200
Between or among nations; involving two or more nations: international trade.
What is International.
300
The making of goods or wares by manual labor or by machinery, especially on a large scale: the manufacture of television sets.
What is Manufacturing.
300
A contest for some prize, honor, or advantage: Both girl sentered the competition.
What is Competition.
300
Is a corporation or an enterprise that manages production or delivers services in more than one country. It can also be referred to as an international corporation.
What is Multinational Firm.
300
The ratio at whicha unit of the currency of one country can be exchanged for that of another country.
What is Exchange Rate.
300
Of or pertaining to the coinage or currency of a country.
What is Monetary.
400
An act of helpful activity; help; aid: to do someone a service.
What is Service.
400
A person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk.
What is Entreprenuer.
400
A supply of money or pecuniary resources, as for some purpose: a fund for his education; a retirement fund.
What is Fund.
400
Any regulation or policy that restricts international trade, especially tariffs, quotas, etc.
What is Trade Barrier.
400
An international bank established in 1944 to help member nations reconstruct and develop, especially by guaranteeing loans: a specialized agency of the United Nations.
What is World Bank.
500
The management of revenues; the conduct or transaction of money matters generally, especially those affecting the public, as in the fields of banking and investment.
What is Finance.
500
An employee of a large corporationwho is given freedom and financial support to create new products, services, systems, etc., and does not have to follow the corporation's usual routines or protocols.
What is Intraprenuer.
500
An official list or table showing the duties or customs imposed by a government on imports or exports.
What is Tariff.
500
North American Free Trade Agreement.
What is NAFTA.
M
e
n
u