Show:
Business Environment
Business Ethics and Social Responsibility
Entrepreneurship, New Ventures, & Business Ownership
Global Context of Business
Business Managment
100
an organization providing goods or services that are sold to earn profits
What is a business
100
referring to ethical or unethical behaviors by employees in the context of their jobs
What is business ethics
100
person who accepts both the risks and the opportunities involved in creating and operating a new business venture
What is an entrepreneur
100
process by which the world economy is becoming a single interdependent system
What is globalization
100
management process of monitoring an organization's performance to ensure that it is meeting its goals
What is controlling
200
resources that a country's businesses use to produce goods and services
What is the factors of production
200
referring to the overall way in which a business attempts to balance its commitments to relevant groups and individuals in its social environment
What is social responsibility
200
strategy in which tow or more organizations collaborate on a project for mutual gain
What is strategic alliance
200
international trade agreement to encourage the multilateral reduction or elimination of trade barriers
What is GATT - General Agreement of Tariffs and Trade
200
manager responsible for supervising the work of employees
What is first line manager
300
a market or industry has a handful of sellers
What is oligopoly
300
occurs when two or more firms collaborate on such wrongful acts as price fixing
What is collusion
300
group of investors who invest money in companies with rapid growth potential
What is a venture capital company
300
the ability to produce something more efficiently than any other country can
What is absolute advantage
300
abilities to think in abstract, diagnose and analyze different situations and see beyond the present situation
What is conceptual skills
400
total value of all goods and services produced within a given period by a national economy through domestic factors of production
What is GDP - gross domestic product
400
the highest degree of social responsibility
What is proactive stance
400
most common type of partnership
What is a general partnership
400
practice of outsourcing to foreign countries
What is offshoring
400
goal set for an extended time, typically five years or more into the future
What is long term goal
500
country's economic value of all products a country exports minus the economic value of all the products it imports
What is balance of trade
500
an employee who discovers and tries to put an end to a company's unethical, illegal, or socially irresponsible actions by publicizing them
What is a whistleblower
500
hybrid of a closely held corporation and a partnership, organized and operated like a corporation but treated as a partnership for tax purposes
What is an S corporation
500
government order banning exportation and/or importation of a particular product or all products from a particular country
What is an embargo
500
identifying aspects of a business or its environment that might entail changes in strategy
What is contingency planning