A
B
C
D
E
F
100
Taxes on imports, making imported goods more expensive
What is Tariffs?
100
Complete ban on importing or exporting a certain product or country
What is Embargo?
100
Complex form of Bartering
What is Countertrading?
100
North American Trade Agreement Countries are Canada, US & Mexico
Which countries are part of NAFTA?
100
Use of government regulations to limit import of goods & services
What is Trade Protectionism?
100
A country’s Exports exceed imports
What is a trade surplus?
200
Charitable Donations
What is Corporate Philanthropy?
200
Society accepted standards of moral behavior…what is right or wrong
What are Ethics?
200
Concern business have for the welfare of society, not just their owners
What is Corporate Social Responsibility?
200
Emphasize preventing unlawful behavior by increasing control and penalizing wrongdoers
What is compliance based ethics codes?
200
Use of private company information to further their own fortune, family or friends
What is insider Trading?
200
A country’s Imports exceed Exports
What is a trade deficit?
300
Limits the number of products in a certain categories a nation can import
What is Import Quota?
300
Systematic evaluation of an organization’s progress towards implementing socially responsible and responsive programs
What is a Social Audit?
300
Free Space
300
- Is it legal?
- Is it balanced
- How will it make me feel about myself?
What 3 questions should you asked when faced with an ethical dilemma?
300
Free Points!!
300
Difference of money coming in (Exports) and money going out (Imports) plus money inflows and outflows due to other factors such as tourism, military, foreign aid
What is Balance of Payments?
400
Selling products in a foreign country at lower prices that those charged in the producing country
What is Dumping?
400
The right to manufacture it’s product or use it’s trademark to a foreign company for a fee
What is Licensing?
400
Partnership in which two or more companies join to undertake a major project.
What is Joint Venture?
400
Buying of permanent property & business in foreign nations
What is Foreign Direct Investment(FDI)?
400
Someone with a good business idea sell other the rights to use the business name and sell a product or service in a given territory in a specified manner.
What is franchising?
400
Long term partnership between two or more companies established to help each company build competitive market advantages
What is Strategic Alliance?
500
An attitude that your own culture is superior to other cultures.
What is Ethnocentricity?
500
Set of values, beliefs & rules
What is Culture?
500
Value of ones nations currency relative to other countries currency
What is the Exchange Rate?
500
Lowers the value of one nation’s currency relative to others
What is Devaluation?
500
Foreign company produces private label goods to which a domestic company the attaches its own brand name or trademark.
What is Contractual Manufacturing?
500
FREE POINTS!
FREE POINTS!