ch 9 globalisation Flashcards
1
Q
emerging economies
A
rapidly growing economies that have huge growth potential but also pose significant risks
2
Q
globalisation
A
growing integration of the world’s economies
3
Q
intellectual property
A
people’s knowledge or creative ideas that have commercial value and are protectable under different forms of copyright
4
Q
monetary system
A
system of money in a country or the world as a whole and the way it is controlled by the government and central bank
5
Q
saturate
A
to offer so much of a product for sale that there is more than people want to buy
6
Q
predator
A
business that uses other’s weaknesses to get advantages
7
Q
hostile takeover
A
takeover that the company being taken over does not want to agree to
8
Q
bid
A
offer to pay a particular price for something
