stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
L3 MS Globalization and Business Flashcards | StudBud
Explore
/
L3 MS Globalization and Business
L3 MS Globalization and Business
40 terms
·
StudBud Administration
·
12 plays
Imported from external platform
Flashcards
40 cards
F
Practice quiz
P
Host live
L
Questions
40
Answers
1
What does downsizing mean?
Reduce costs
Reduce the number of staff
Reduce waste
Reduce the size of the product
2
What are middlemen?
people who operate between the buyer and seller
A Black Market dealer
A Thief
SpongeBob
3
Which is a synonym for 'turnover'?
net profit
expenditure
revenue
gross profit
4
What are goods?
furniture
merchandise
things you own
things you like
5
Buying goods from another country is known as the export trade.
True
False
6
what is a loan
when you borrow of a payday loan
when you borrow money of the bank and then you pay it back
when you give someone money
when you borrow money of family members
7
an organization that provides services, or that makes or sells goods for money
company
bank
enterprise
society
8
What is an economic system in which prices are determined by competition between businesses
Communism
Traditionalism
Free Market
Socialism
9
What is the Labour Force?
Everyone over the working age that is able to work.
Unemployed + Employed people over the working age
All the people in a society that are able to work
Everyone over the working age in a society
10
What is a subsidy?
Minimum price for a good established by the government
Money provided by the government to help reduce costs
Maximum price for a good established by the government
Money provided by the government to help increase costs
11
What is the meaning of supply?
The amount of goods producers are willing to make and sell.
items
sold items
goods
12
________________ measures the value of all goods and services produced in a country:
Inflation
Gross Domestic Product (GDP)
Unemployment rate
Consumer Price Index (CPI)
13
What is a subsidiary?
An individual company
A company that owns a parent company
A company owned by a parent company
A parent company
14
What is a synonym of "factory"?
A combo
A farm
A usine
A plant
15
What is Standard of Living?
How healthy you are
All of the Above
How much money you make and how well you live
If you use things that are good for the earth or not
16
describe a global company
one that sells everything
One that operates within ONE country
Serves surrounding area
Large company that has branches in many countries
17
Why might a business choose to outsource to a contractor?
Knowledge
All of the above
Skills
Cost-saving
18
PDG in English is
VIP
GDP
ASAP
CEO
19
The Accounting Department is ...
le départment des grands comptes
le quartier des comtes
le service des acomptes
le service Compta
20
What is Free Trade?
Trade where there are no restrictions
Trade that happens strictly on an intercontinental basis.
Trade that happens strictly on a local basis.
Trade that does not require any money exchange
21
when one firm purchases another
acquisition
exclusive dealing
market share
merger
22
What is the name of the
society
Albus Dumbledore founded?
Dumbledore's Army
Order of the Phoenix
The Marauders
The Revolutionaries
23
A Policy is
A rule or guideline that directs individuals and behaviour
Made to be broken
Only for adults
24
What is the opposite of borrow?
lend
rent
obtain
acquire
25
What does wages mean?
a type of war
a wedge in a door
water resource
payment for a job
26
A form describing the goods or services sold, the quantity, VAT, the price...
memorandum
invoice
receipt
check
27
Traduire "J'ai ma propre entreprise" en anglais
I have my own society
I have my own enterprise
I have my own corporation
I have my own business
28
What is overtime?
Working part time
Hours worked past the number of hours in the regular week
Working less than the amount of hours on your schedule
Working regular hours during the week
29
The selling of goods to the public, usually through shops
retail
shopping
supply
wholesale
30
If a purse costs $10 and the retailer sells it for $14, the $4 is said to be the
ROI
Margin
Sale
Mark-up
31
When the goods you require are not available, they are
Out of stock
Cooling-off period
exhausted
After-sales service
32
Trade that occurs within the country.
international trade
domestic trade
developed market
emerging market
33
"Chiffres" = "numbers" in English
True
False
34
Why did sneaker production relocate to China, Indonesia, and Vietnam?
The United States banned all sweatshops in Vietnam.
South Korea revolted against U.S. presence.
North Korea threatened to attack the factories.
Production costs in South Korea increased.
35
What is management?
an organized effort to achieve a commonality
the process of planning, organizing, controlling and measuring
the process of controlling something
an organization of leadership
36
Which is NOT a transportation infrastructure that promotes trade and natural resources?
ports such as Le Havre
transport truck networks
road networks
rail networks
37
What is fair trade?
all 3 other answers
People that sell products have fairer conditions for trade
People that sell products earn a fair wage for their product
People that sell products have reasonable working conditions
38
Define unemployment
The number of people not actively looking for a job, but are able to work
The number of people unable to find a paying job
The number of people able/willing to work but unable to find a paying job
39
What is a consumer?
Person who purchases or uses a good or service
person who provides a good or service
40
You borrow 7 dollars from Jimmy, and you borrow 5 more dollars, how much do you owe?
21$
12$
41$
9,254$
