UNIT 3 GEOGRAPHY 0.0 / 5 ? Business StudiesInt busA2/A-levelEdexcel Created by: TerryHillierCreated on: 23-04-14 09:51 The loss of culture- often referred to as "Everyone becoming the same" Homogenisation 1 of 12 The 5 stages a product goes through is classed as the... (3 words) Product life cycle 2 of 12 Getting commodities from places across the world (2 words) Global Sourcing 3 of 12 A reason to trade internationally is that domestic markets prodide...(2 words) Limited Growth 4 of 12 The elimination of trading restrictions (2 words Trade Liberalisation 5 of 12 A group of countries who agree to remove trade boundaries (2 words) Trade Blocs 6 of 12 A group of people with interests in business activities Stakeholders 7 of 12 Wearing down of the lcoal environment Degradation 8 of 12 A limit on the amount of amount you can import/export Quota 9 of 12 A small segment within a market Niche 10 of 12 Raw materials, businesses like to be close to these Commodities 11 of 12 The abolishment of trade barriers Trade Liberalisation 12 of 12
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