4.1.2 international trade and business growth

Question 1

Inward foreign direct investment

Answer 1

investment into a country such as the UK from companies abroad, perhaps in the form of buying up one of our business, or buying up property assets

Question 2

Outward foreign direct investment

Answer 2

investment from a country such as the UK, perhaps building a factory in Brazil

Question 3

Saturated market

Answer 3

one where (nearly) everyone who wants an item already has it so sales can stabilise or slip back

Question 4

Scientific management

Answer 4

F.W Taylor suggested that managers should maximise worker productivity by calculating how best to divide up tasks into smaller fragments, then incentivise workers to produce exactly as set out by managers