1.10 The Importance and Growth of Multinational Companies Flashcards
1
Q
commodities
A
products bought and sold (oil, gold, rice)
2
Q
patents
A
legal documents that give a person/ company the right to sell/ make a new invention and no other person
3
Q
ventures
A
business activity that involves taking risks
4
Q
human capital
A
people and their skills
5
Q
enterprise
A
the activity of starting and running businesses
6
Q
exploitation
A
situation, where you treat someone unfairly, by asking them to do things for you and you, give very little in return
7
Q
repatriation (of profit)
A
multinational returns profit from an overseas venture to the country where the business is based
