#1. Labour-intensified - Industries that are mainly reliant on labour, especially during the industrial revolution #2. Capital-intensified - Industries that are mainly reliant on capital; common in ...
dan_k1|7 years ago|±0|12 views
Business Chapter 3 and 4
#1. Economics - Social science that analyzes the choices that individuals, groups, and governments...resources. #2. Microeconomics - study of small economic units, such as individual consumers, families...
KKBlack|5 years ago|±0|81 views
Needs and Wants
Things that humans desire; Cell Phone #3. The economic problem - A human wants to buy things all the...not everything can be bought, this is called the economic problem....
dan_k1|7 years ago|±0|46 views
Business Essentials Ch 5
#1. Business (or Competitive) Strategy - strategy, at the business-unit or product-line level, focusing on improving a firm's competitive position #2. Conceptual Skills - abilities to think in the a...
business_gal|6 years ago|±0|162 views
Business Essentials Ch 3
#1. Acquisition - the purchase of one company by another #2. Board of Directors - governing body of a corporation that reports to its shareholders and delegates power to run its day-to-day operation...
business_gal|6 years ago|±0|148 views
Business Essentials Ch 4
Trade - the economic value of all the products that a country exports minus the economic value of all...Southeast Asian Nations (ASEAN) - organization for economic, political, social, and cultural cooperation among...
business_gal|6 years ago|±0|1,099 views
Business Essentials Ch 8
#1. Absenteeism - when an employee does not show up for work #2. Affect - a person's feelings toward something #3. Attitudes - a person's beliefs and feelings about specific ideas, situations, or p...
business_gal|6 years ago|±0|105 views
Business Essentials Ch 9
#1. Behavioral Approach to Leadership - focused on determining what behaviors are employed by leaders #2. Charismatic Leadership - type of influence based on the leader's personal charisma #3. Coali...
business_gal|6 years ago|±0|415 views
Business Essentials Ch 1
...produced by an economic system during a given period #2. Balance of Trade - the economic value of all...its revenues #15. Economic Environment - relevant conditions that exist in the economic system in which...
business_gal|6 years ago|±0|1,896 views
Business Chapter 5 and 6
#1. Small Business - an independent entity with fewer than 500 employees that is not dominant in its market. #2. Small manufacturers employees - fall in 500 worker range. #3. Wholesale employees ...
KKBlack|5 years ago|±0|88 views
Business Essentials Ch 2
#1. Accomodative Stance - approach to social responsibility by which a company, if specifically asked to do so, exceeds legal minimums in its commitments to groups and individuals in its social envir...
business_gal|6 years ago|±0|2,722 views
Business Essentials Ch 7
#1. Assembly Line Layout - a same-steps layout in which a product moves step by step through a plant on conveyer belts or other equipment until it is completed #2. Business Process Reengineering - r...
business_gal|6 years ago|±0|635 views