chapter 5,6,7 orgman 💀💀

Question 1

should adapt to change and take advantage of opportunities so they can successfully flourish in any kind of environment.

Answer 1

local and international environment

Question 2

know your jorgan in local and international environment

Answer 2

externality
inflation
quotas
tariffs

Question 3

consequence of any economic activity which affects unrelated third parties.

Answer 3

externality

Question 4

increase in the prices of goods and a decrease in the purchasing value of money.

Answer 4

inflation

Question 5

restrictions in international trade by limiting the number of exports or imports in a country for a certain period.

Answer 5

quotas

Question 6

taxes to be paid in an import or export transaction.

Answer 6

tariffs

Question 7

companies must contend with the conditions

Answer 7

local Business environment

Question 8

company decides to expand its business overseas, a different countries provide a variety of opportunities and threats for the business.

Answer 8

international business environment

Question 9

Are social or religious customs that prohibit,

Answer 9

TABOOS

Question 10

summary measure of average achievement in key dimensions of human development:

Answer 10

IMPROVEMENT OF THE HUMAN DEVELOPMENT INDEX (HDI)

Question 11

a total process which includes not only economic growth or the increase in the given amount of goods and services produced by the country’s economy, but also considers the social political, cultural and spiritual aspects of the country’s growth.

Answer 11

ECONOMIC DEVELOPMENT

Question 12

phases of economic development

Answer 12

Malthusian
Government – LED (Local Economic Development)
A la Kuznets
Human Capital Based
Post Demographic Transition