Mid-term Flashcards
1
Q
non profit orgainization
A
business like companies who give service to the community
2
Q
embargo
A
a complete ban on international trade
3
Q
tariffs
A
tax
4
Q
whistle blower
A
people who report their employers illegal behavior
5
Q
demand
A
Price D/U
6
Q
profit
A
money earned in sales
7
Q
carbon footprint
A
harmful gasses that a firm emits
8
Q
opportunity cost
A
giving up the second best in a desision
9
Q
cultural impact
A
diffrent audiance and products
10
Q
consumer rights
A
be safe, be heard, be informed, to choose
11
Q
5 environments of businesses
A
social, technological, global, competitive, economical
12
Q
supply
A
amount of product U/D
13
Q
debt ceiling
A
limit set of money government can borrow
14
Q
budget deficit
A
occurs when expenses are higher then revenue
15
Q
consumerism
A
social movement, 1960’s, quality products, fair prices
