Business Study notes.

Intro to Business Study sheets for Mid-terms Chapter 1 Business:________________________________________________________________________________________________________________________________________________ Non-profit government activity:________________________________________________________ ____________________________________________________________________________ What are the 3 types of resources utilize by bloodes? 1._______________________________________________________________________________________________________________________________________________________ 2._______________________________________________________________________________________________________________________________________________________ 3._______________________________________________________________________________________________________________________________________________________ Globalization:______________________________________________________________________________________ _______________________________________________________ communism:_____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ cordialism:________________________________________________________________________________________________________________________________________________ _____________________ ____________________________________________! ______________________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________ Capitalism:_______________________________________________________________________________________________________________________________________________ __________________________________________________________________________________________________________________________________________________ _____ _______________________________________________________________________________________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________ Free Market system:___________________________________________________________ ____________________________________________________________________________ coalesce Economy:______________________________________________________________ ____________________________________________________________________________ Economic expention:_______________________________________________ ____________ ________________________________________! ________________________________________________________________________________________________________________ Inflation:_____________________________________________________________________ Contruction:__________________________________________________________________ ____________________________________________________________________________ Unemployment:_______________________________________________________________ Deprssion:___________________________________________________________________ Pure contestation:______________________________________________________________ ____________________________________________________________________________ monopolistic competition:_______________________________________________________ ________________________________________________________________________________________________________________________________________________________ Oligopoly:___________________________________________________________________________________ ____________________________________________________________ Monopoly:_______________________________________________________________________________________________________________________________________________ Monetary Policy:______________________________________________________________ ____________________________________________________________________________ Chapter 2 Constitutional constabulary:_____________________________________________________________ ____________________________________________________________________________ Common law of nature:_________________________________________________________________ ____________________________________________________________________________ Statuary law:_________________________________________________________________ ____________________________________________________________________________ Administrative law:____________________________________________________________ ________________________________________ ____________________________________ Federal courts ! make do cases involving:_____________________________________________ ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ Provincial courts handle cases involving:___________________________________________ ___ _________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ jurisprudence Suits:___________________________________________________________________ ____________________________________________________________________________ Mediation:___________________________________________________________________ _____________________________________________________________________ _______ Arbitration:________________________________! _______________________________________________________________________________________________________________ Chapter 3 Business moral philosophy:_______________________________________________________________ ________________________________________________________________________________________________________________________________________________________ Social throwawayability:___________________________________________________________ ________________________________________________________________________________________________________________________________________________________ Ethical issue:_________________________________________________________________ ________________________________________________________________________________________________________________________________________________________ What are the reasons for committing to honest set?________________________________ ___________________________________________________________________ _____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ Whistle Blowing:______________________________________________________________ ________________________________________________________________________________________________________________________________________________________ Reasons for not whistle blowing: 1._______________________________________________________________________________________________________________________________________________________ 2._______________________________________________________________________________________________________________________________________________________ 3.______________________________ _____________________________________________________! ____________________________________________________________________ 4._______________________________________________________________________________________________________________________________________________________ 5._______________________________________________________________________________________________________________________________________________________ What are the 4 estimable issue categories? 1._______________________________________________________________________________________________________________________________________________________ 2._______________________________________________________________________________________________________________________________________________________ 3._______________________________________________________________________________________________________________________________________________________ 4._____________________________________________________________________________________________________________ __________________________________________ What are the 3 factors that influence business ethics? 1._______________________________________________________________________________________________________________________________________________________ 2._______________________________________________________________________________________________________________________________________________________ 3._______________________________________________________________________________________________________________________________________________________ Name the arguments for genial responsibility: 1._______________________________________________________________________________________________________________________________________________________ 2._______________________________________________________________________________________________________________________________________________________ 3.______________________________________________________________________________ _____________________________________________________! ____________________ 4._______________________________________________________________________________________________________________________________________________________ 5._______________________________________________________________________________________________________________________________________________________ Name the arguments against social responsibility: 1._______________________________________________________________________________________________________________________________________________________ 2._______________________________________________________________________________________________________________________________________________________ 3._______________________________________________________________________________________________________________________________________________________ 4._______________________________________________________________________________________________________________________________________________________ What are the social responsibility issues? 1._______________________________________________________________________________________________________________________________________________________ 2._______________________________________________________________________________________________________________________________________________________ 3._______________________________________________________________________________________________________________________________________________________ 4._______________________________________________________________________________________________________________________________________________________ 5._______________________________________________________________________________________________________________________________________________________ Chapter 4 International business:__________________________________________________________ ____________________________________________________________________________ Why do nat ions trade?

__________________________________________________________ ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ Absolute good:____________________________________________________________ ___________________________________________________________________________________ _____________________________________________________________________ proportional advantage:________________________________________________________ ________________________________________________________________________________________________________________________________________________________ rest period of trade:______________________________________________________________ ____________________________________________________________________________ Trade surplus:________________________________________________________________ ____________________________________________________________________________ Balance of payments:___________________________________________________________ ____________________________________________________________________________ What happens when the Canadian $ drops?_________________________________________ ____________________________________________________________________________________________________________________________________ _____________________________________________________! ___________________________________________ What are the 4 planetary barriers? 1._______________________________________________________________________________________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________ 2._______________________________________________________________________________________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________ 3._______________________________________________________________________________________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________ 4._______________________________________________________________________________________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________ Infrastracture:_________________________________________________________________________________________________________________________________________________________________________________________________________________________ Import tariff:__________________________________________________________________ Fixed tariff:__________________________________________________________________ Ad valorem tariff:_____________________________________________________________ Current account:_______________________________________________________________ ____________________________________________________________________________ Dumping:____________________________________________ _____________________________________________________! _______________________________________________ Protectionism:____________________________________________________________________________________________________________________________________________ Exchange control:_____________________________________________________________ Quata:___________________________________________________________________________________________________________________________________________________ Embargo:____________________________________________________________________ GATT:______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ NAFTA:____________________________________________________________________________________________ _________________________________________________________________________________________________________________________________ EU:_________________________________________________________________________________________________________________________________________________________________________________________________________________________________ demesne deposit:__________________________________________________________________ ________________________________________________________________________________________________________________________________________________________ IMF:________________________________________________________________________________________________________________________________________________________________________________________________________________________________ What did the GATT agreement do?________________________________________________ _______________________________________________________________________________________ _____________________________________________________! ____________________________________________________________________________________________________________________________________________________________________ Countertrade:_________________________________________________________________ Export agents:________________________________________________________________ Red memorialise:____________________________________________________________________ Trading company:_____________________________________________________________ ____________________________________________________________________________ Licensing:________________________________________________________________________________________________________________________________________________ Franchising:______________________________________________________________________________________________________________________________________________ Cartel:_____________________________________________________________________________________________________________ __________________________________________________________________________________________________________________ Common markets:_____________________________________________________________ ____________________________________________________________________________ Contract manufacturing:________________________________________________________ ____________________________________________________________________________ juncture venture:_________________________________________________________________ ____________________________________________________________________________ Strategic shackle:______________________________________________________________ ____________________________________________________________________________ Direct investment:_____________________________________________________________ ____________________________________________________________________________ Outsourcing:____________________________________________________________________________ _____________________________________________________! _____________ MNC:___________________________________________________________________________________________________________________________________________________ Chapter 5 Sole proprietorship:____________________________________________________________ Advantages:______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________... 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