Flashcard Terms (B's)
1
Q
Balance of Payments
A
The difference in total value between payments into and out of the country over a period of time
2
Q
Barriers to Entry
A
The obstacles that make it difficult for a new company to enter a given market. These barriers may include technology challenges, high start-up costs, or government regulations
3
Q
Broadband
A
Any type of high-speed wired or wireless communication
4
Q
Brand
A
A type of product made by a particular company under a particular name
5
Q
Business Ethics
A
The contemporary standards or sets of values that govern the actions and behavior of individuals in the business organization and the actions of the business itself
