Vocabulary 1
Vocabulary 2
Vocabulary 3
Government Policies
Miscellaneous
100
A factory, farm, or other unit that takes in raw materials, processes it and produces a final product is known as this. *industrial system *manufacturing *Regional development center
What is an industrial system?
100
This money is provided by entrepreneurs, banks or governments to start a business. *capital *loans *euros *profit
What is capital?
100
A site where all stages in manufacturing take place on the same site. *uniform works *integrated works *assembly plant *autoworkers union
What is integrated works?
100
These specialized areas of towns or cities, introduced in 1981, have been selected by governments for development of industries. They came into operation in 1981. *Urban renewal projects *Enterprise zones *Science zones *Manufacturing zones
What are Enterprise Zones?
100
This is a person who starts his own business. *investor *entrepreneur *brave *a fool
What is an entrepreneur?
200
The "input" to a factory or farm from which a final product is produced is known as this. *crops *labour *raw materials *shipping
What are raw materials?
200
People, companies or organizations that purchase products make up this group. labour suppliers manufacturers markets
What are markets?
200
These industries developed within the last 25 years. An example is microelectronics. *high technology industres *supercomputer industries *Microsoft industries *high demand industries
What are high technology industries?
200
Created in Parliament in 1980, these were an attempt by the government to rejuvenate areas with poor economic, social and environmental conditions. *Urban Development Corporations *Urban renewal centers *Limited Development Corporations *Tax-free Zones
What are Urban Development Corporations (UDC´s)?
200
Modern technology based industries require this type of workforce. *unskilled *skilled *manual *experienced
What is skilled?
300
The money that a company earns after subtracting the cost of raw materials and production costs is called this. *cost *overhead *capital *profit
What is profit?
300
These are the controls established by governments that affect the location and type and potential success of a business. *Sales targets *government policies *taxes *markets
What are government policies?
300
The proximity of major airports and railways is a benefit because of this factor. *labour costs *availability of raw materials *large markets *transportation routes
What are transportation routes?
300
This term refers to the interdependence and interconnection of people, governments and companies around the world. *globalization *urbanization *incorporation *isolation
What is globalization?
300
If an industry is able to survive by adapting to changes in market, workforce, supply costs and economic pressures it is said to be this. *sustainable *renewable *risky *unreal
What is sustainable?
400
The location of a factory, farm or other industry is called this. *site *geography *land *zone
What is a site?
400
This is the term for a business that is not tied to raw materials and has a free choice of location. *free *unrestricted *unlimited *footloose
What is "footloose?"
400
A large number of skilled workers is a benefit to industries because of this factor *transportation *shipping *manufacturing *labour
What is labour?
400
These are areas of a city that have been specially designated by the government for business and scientific research that have large green areas. *business and science parks *green spaces *renewable energy parks *windfarms
What are business and science parks?
400
In these two regions several Newly Industrialised Countries (NIC´s) are found. *Asia *Nordic *Europe *Latin America
What are Asia and Latin America?
500
Small units may become unprofitable and so merge with, or be taken over by other firms. This is known as ____ of scale. *models *economies *examples *costs
What are economies?
500
This is the location at which large quantities of raw materials would have to be transferred to other transportation. *break of bulk *warehouse *shipping dock *supermarket
What is a "break of bulk" location?
500
This is a company with offices and/or factories in multiple countries. *intranational *multinational *multioffice *transparent
What are multinations or transnationals?
500
The science city near Tokyo that was created as an alternative to the crowded and expensive real estate in the city. It has it´s own university and educational institutions, research institutes and laboratories, and more than 150 private firms. *Hiroshima *Kyoto *Bejing *Tsukuba
What is Tsukuba?
500
Availability of skilled workforce, raw materials and shipping are all factor to consider in this decision. *prices *location *salaries *budget
What is location?