Principles of conduct governing an individual or group
What is Ethics?
100
When you subtract Imports from Exports.
What is the balance of trade?
200
Goods and services that U.S. companies sell other countries. (Farm machinery, medicines and office equipment that we produce are in high demand around the world.)
What are Exports?
200
A device governments use to regulate international trade that sets a limit on the quantity of a product that can be imported or exported.
What is a Quota?
200
Buying goods and services, Employing Workers, Raising Revenue, and borrowing Money.
What is Government as a business?
200
The duty of a business to contribute to the well-being of the community and society at large
What is Social Responsibility?
200
Members of these groups must have equal access to education, training, jobs, and career advancement
What is Workplace Diversity?
300
An agreement to exchange goods and services for something of value, usually money.
What is a contract?
300
When Imports > Exports.
What is a Negative Balance of Trade?
300
It is property that is purely intangible, with no physical characteristics.
What is Intellectual property?
300
a Forced payment of money or a favor required before an official or decision maker will make a favorable decision.
What is a Bribe?
300
The largest source of revenue for the federal government
What are income Taxes
400
A common form of government borrowing with low risk for the lendor
What is a municipal bond?
400
The value of a currency of one country compared with the currency of another country
What is the Exchange Rate?
400
The creative works of authors, composers, and artists are protected by this.
What are Copyrights?
400
Rules about how businesses and their employees are expected to behave.
What are Business Ethics?
400
The single largest employer in the American economy.
What is the Government?
500
An organization that supplies a good or service that all citizens need and use
What is a Public Utility?
500
Causes the price of those products to increase in the country's markets.
What is a Tariff?
500
Local Telephone Service, Water, Gas, Electricity
What are goods and services provided by a public utility?
500
A government agency that sets, regulates and enforces safety standards.
What is the Occupational Safety and Health Administration? (OSHA)
500
This federal law prohibits employers from using age as a basis for decisions in employment, promotions or terminations.