Business management defining terms assignment help


Self Analysis                             Job
Cover Letter                                Business   
Risk                                         Stakeholders 
Standard of Living                        NAFTA 
Entrepreneurship                  Factors
of Production 
Demographics                            Outsourcing 
Insourcing                                E-commerce 
Economics                            Social Security 
Capitalism                                  Socialism 
Free-market                           Equilibrium Point 
Monopoly                       Sarbanes-Oxley Act of 2002 
Socialism                             Consumer Price Index
Inflation                             Gross Domestic
Recession                             Breach of contract   
Franchising                        Contract Manufacturing
Common Market                          Licensing
Franchising                             Insider Trading
Social cultural Forces             Selection process
Exchange Rate                  World Trade Organization
Offshore Outsourcing                Strict product liability
Embargo  Whistle blowers              Division of labor  
Concepts – answering these
questions will help you prepare for the mid-term examine.
1.  Why are stakeholders important?
2.  The impact of technology on business.
3.  The social environment impact on business
4.  The impact of the national debt on the global
5.  The impact of competition on business
6.  Why study economics?
7.  The relationship between supply and demand.
8.  The relationship between the GDP and the balance
of trade
9.  The importance of globalization
10.Why should
nations trade with other nations?
11.What kinds of
products can be imported and exported?
12.What are some
of the ways in which a company can get involved in global  business?
13.What is the difference
between compliance-based an integrity-based ethics?
14.Why is
corporate social responsibility important?
15.Why are
customers important?
16.What is the
difference from the organizational structures of the 1940s and the 2000s?
17.What is the
company’s responsibility to its employees?
18.Compare and
contrast the different forms of business ownership, including advantages and
19.What are the
functions of management?
20.What is the
difference between vision, mission statement, goals and objectives?
21.What are the
different types of job interviews and the basic information you need to know?
Fayol’s Principles of Organization and how does it apply to current
23. What was Max Weber’s contribution to how
organizations are structured?
24.Describe the
advantages and disadvantages of a tall versus flat organizational structure.

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