作者：tala ashraf 4 年以前
1903
global economy
global economy
Imports: bring goods into a country that were made in another country
Exports: to send goods to another country for sale
Functions of busniess
finance: the busniess of money managment Accounting: maintaing and checkig record
Managment:is the process of acheving company goals by,planning organzing and leading
Marketing :The process of planning ,promoting and selling goods and services .
Marketing :The process of planning,promoting and selling goods and services .
Procurment:re-selling of goods that have already been produced
Production:creating goods and services
Free trade: an economic policy that determines which companies trade with each other
Embargo:is a ban on the import or expire of a product
quota:is a limit placed on the quantities of a product that can be imported.
tariff: is a tax placed on imports to increase the price
Balance of trade: The difference in value between a country's imports and exports
Comparative advantage: is the ability of a country
to produce a particular good more efficiently than anothercountry
Trade surplus: When a country exports
more products then it imports
Trade deficit:when a country imports more
than it exports
code of ethics: a set of guide lines for maintiang ethics in a work place
Fair trade:a arrangment designed help producers in developing countries achieve sustanablie trade relationships
passes the code of ethics
Sweatshops:a factory or workshop where wokers are paid very low wages and are working unsafe conditions
does not pass the code of ethics
type of businesses
corporation:a busniess that is owned by share holders
partnerships:A busniess owned by two people who share risks and rewards.
sole propitorship:A busniess owned by one person
multinational corporation: a company that does business in many countries around the world
Globalization: the exchange of goods and services between nations.
