UNIT 3 4.0 / 5 based on 3 ratings ? Business StudiesInternation BusinessA2/A-levelEdexcel Created by: TerryHillierCreated on: 23-04-14 09:22 The loss of culture- often referred to as "Everyone becoming the same" Homogenisation 1 of 24 The 5 stages a product goes through is classed as the... (3 words) Product life cycle 2 of 24 Getting commodities from places across the world (2 words) Global Sourcing 3 of 24 A reason to trade internationally is that domestic markets prodide...(2 words) Limited Growth 4 of 24 The elimination of trading restrictions (2 words Trade Liberalisation 5 of 24 A group of countries who agree to remove trade boundaries (2 words) Trade Blocs 6 of 24 An example of a trade bloc (The UK are in this) EU 7 of 24 The country with the fasted growing economy in the world China 8 of 24 The country that owns the firm Tata which has taken over a number of UK firms India 9 of 24 A multinational pumping money into the country whilst movi ng there is classed as what? FDI 10 of 24 Moving production elsewhere can give the company lower (2 words) Labour costs 11 of 24 The decision to move abroad could be because of fluctuations in the value of money (2 words) Exchange rates 12 of 24 Someone who has an interest in business activities Stakeholder 13 of 24 Being entirely reliant on machines (2 words) Capital intensive 14 of 24 Being entirely reliant on people (2 words) Labour intensive 15 of 24 A limit on the goods you can import/export Quota 16 of 24 A tax on the goods imported/exported Tariff 17 of 24 Two companies becoming one of mutual consent Merger 18 of 24 A company buying another company Takeover 19 of 24 When advertising, expecting your market to be like the one you already advertise to is called a .... approach Domestic 20 of 24 Changing adverts/products for each country is called a ... approach International 21 of 24 A small segment of a market with specific needs Niche 22 of 24 The wearing down of the local environment Degradation 23 of 24 Firms are only allowed a certain amount of market share before they create a Monopoly 24 of 24
Comments
No comments have yet been made