Explains the strategic direction, funding plan, and exit strategy.
What is a Business Plan?
100
Standards of moral behavior, that is, behavior accepted by society as right versus wrong.
What is Ethics?
100
Buying and Selling products in another country
What is Import and Export?
100
A document that gives investors exclusive rights to their inventions for 20 years.
What is a Patent?
100
A tax imposed on imports.
What is a Tariff?
200
Explains the mission statement, describes the business / business idea.
What is the Executive Summary?
200
A business's concern for the welfare of society.
What is Corporate Social Responsibility (CSR)?
200
A limit on the number of products in certain categories that a nation can import.
What is an Import Quota?
200
The legal process by which a person, business, or government entity, unable to meet financial obligations is relieved of those obligations by a court that divides any asset among creditors, allowing creditors to get at least part of their money and freeing the debtor to begin anew.
What is Bankruptcy?
200
A document that protects a creator's rights to materials such as books, articles, photos, paintings, and cartoons.
What is a Copyright?
300
The strategy which defines long-term objectives and short-term tactical programs using price, promotion, place, and product in addition to targeting an audience.
What is the Marketing Strategy?
300
An unethical activity in which insiders use private company information to further their own fortunes or those of their family and friends.
What is Insider Trading?
300
The difference between money coming into a country and money leaving the country plus money flows from other factors such as tourism, foreign aid, military expenditures, and foreign investment.
What is Balance of Payments?
300
A comprehensive commercial law, adopted by every state in the United States, that covers sales law and other commercial laws.
What is the Uniform Commercial Code (UCC)?
300
Selling products in a foreign country at lower prices than those charged in the producing country.
What is Dumping?
400
The form of analysis that identifies strengths and weaknesses, assesses opportunities, examines threats, and determines their impacts on the business.
What is SWOT Analysis?
400
Insiders (employees) who report illegal or unethical behavior.
Who are Whistleblowers?
400
The buying of permanent property and businesses in foreign nations.
What is Foreign Direct Investment (FDI)?
400
A wrongful act that causes injury to another person's body, property, or reputation.
What is a Tort?
400
Forms of commercial paper that are transferable among businesses and individuals and represent a promise to pay a specified amount.
What are Negotiable Instruments?
500
The form of analysis that considers legal, political, regulatory, technological, competitive, social, and economic factors.
What is the Situation Analysis?
500
Ethical standards that define the organization's guiding values, create an environment that supports ethically sound behavior, and stress a shared accountability among employees.
What are Integrity-Based Ethics Codes?
500
The exchange of merchandise for merchandise or service for service with no money traded due to a nation's weak currency.
What is Bartering?
500
The Act which prohibits exclusive dealing, tying contracts, interlocking the board of directors, and buying large amounts of stock in competing corporations.
What is the Clayton Act of 1914?
500
Investment funds controlled by governments holding stakes in foreign companies.