General Concepts Flashcards
1
Q
Globalisation
A
The spread of the flow of financial products, goods, technology, information, and jobs across national borders and cultures. Process by which the world’s regional economies are becoming integrated globally with greater economic interdependence.
2
Q
Innovation
A
The practical implementation of ideas that result in the introduction of new goods or services or improvements in offernig these.
3
Q
Ethics
A
Moral primciples that govern a person behaviour or the conduction of an activity.
4
Q
Culture
A
The customs, arts, social institutions and achievements of a particular nation, people, or social group.
