Business Study notes.

Intro to Business Study sheets for Mid-terms Chapter 1 Business:________________________________________________________________________________________________________________________________________________ Non-profit governance:________________________________________________________ ____________________________________________________________________________ What are the 3 types of resources utilize by patronagees? 1._______________________________________________________________________________________________________________________________________________________ 2._______________________________________________________________________________________________________________________________________________________ 3._______________________________________________________________________________________________________________________________________________________ Globalization:___________________________________________________________________________________________ __________________________________________________ fabianism:_____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ fondism:________________________________________________________________________________________________________________________________________________ _____________________________ ____________________________________________! ______________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________ Capitalism:_______________________________________________________________________________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________ __ _____________________________________________________________________________________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________ Free Market system:___________________________________________________________ ____________________________________________________________________________ combine Economy:______________________________________________________________ ____________________________________________________________________________ Economic expention:________________________________________________________ ___ _________________________________________________! _______________________________________________________________________________________________________ Inflation:_____________________________________________________________________ Contruction:__________________________________________________________________ ____________________________________________________________________________ Unemployment:_______________________________________________________________ Deprssion:___________________________________________________________________ Pure contestation:______________________________________________________________ ____________________________________________________________________________ noncompetitive competition:_______________________________________________________ ________________________________________________________________________________________________________________________________________________________ Oligopoly:_________________________________________________________________________________________ ______________________________________________________ Monopoly:_______________________________________________________________________________________________________________________________________________ Monetary Policy:______________________________________________________________ ____________________________________________________________________________ Chapter 2 Constitutional jurisprudence:_____________________________________________________________ ____________________________________________________________________________ Common police:_________________________________________________________________ ____________________________________________________________________________ Statuary law:_________________________________________________________________ ____________________________________________________________________________ Administrative law:____________________________________________________________ ____________________________________________________ ________________________ Federal courts make do cas! es involving:_____________________________________________ ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ Provincial courts handle cases involving:___________________________________________ _______________ _____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ practice of law Suits:___________________________________________________________________ ____________________________________________________________________________ Mediation:___________________________________________________________________ ____________________________________________________________________________ A rbitration:__________________________________________! _____________________________________________________________________________________________________ Chapter 3 Business moral philosophy:_______________________________________________________________ ________________________________________________________________________________________________________________________________________________________ Social certificate of indebtedness:___________________________________________________________ ________________________________________________________________________________________________________________________________________________________ Ethical issue:_________________________________________________________________ ________________________________________________________________________________________________________________________________________________________ What are the reasons for committing to honest value?________________________________ __________________________________________________________________ ______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ Whistle Blowing:______________________________________________________________ ________________________________________________________________________________________________________________________________________________________ Reasons for not whistle blowing: 1._______________________________________________________________________________________________________________________________________________________ 2._______________________________________________________________________________________________________________________________________________________ 3._____________________________ _____________________________________________________! _____________________________________________________________________ 4._______________________________________________________________________________________________________________________________________________________ 5._______________________________________________________________________________________________________________________________________________________ What are the 4 honest issue categories? 1._______________________________________________________________________________________________________________________________________________________ 2._______________________________________________________________________________________________________________________________________________________ 3._______________________________________________________________________________________________________________________________________________________ 4._______________________________________________________________________________________________________________ ________________________________________ What are the 3 factors that influence business ethics? 1._______________________________________________________________________________________________________________________________________________________ 2._______________________________________________________________________________________________________________________________________________________ 3._______________________________________________________________________________________________________________________________________________________ Name the arguments for genial responsibility: 1._______________________________________________________________________________________________________________________________________________________ 2._______________________________________________________________________________________________________________________________________________________ 3.________________________________________________________________________________ _____________________________________________________! __________________ 4._______________________________________________________________________________________________________________________________________________________ 5._______________________________________________________________________________________________________________________________________________________ Name the arguments against social responsibility: 1._______________________________________________________________________________________________________________________________________________________ 2._______________________________________________________________________________________________________________________________________________________ 3._______________________________________________________________________________________________________________________________________________________ 4._______________________________________________________________________________________________________________________________________________________ What are the social responsibility issues? 1._______________________________________________________________________________________________________________________________________________________ 2._______________________________________________________________________________________________________________________________________________________ 3._______________________________________________________________________________________________________________________________________________________ 4._______________________________________________________________________________________________________________________________________________________ 5._______________________________________________________________________________________________________________________________________________________ Chapter 4 International business:__________________________________________________________ ____________________________________________________________________________ Why do natio ns trade?

__________________________________________________________ ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ Absolute good:____________________________________________________________ ____________________________________________________________________________ ____________________________________________________________________________ proportional advantage:________________________________________________________ ________________________________________________________________________________________________________________________________________________________ respite of trade:______________________________________________________________ ____________________________________________________________________________ Trade surplus:________________________________________________________________ ____________________________________________________________________________ Balance of payments:___________________________________________________________ ____________________________________________________________________________ What happens when the Canadian $ drops?_________________________________________ _________________________________________________________________________________________________________________________________ _____________________________________________________! ______________________________________________ What are the 4 planetary barriers? 1._______________________________________________________________________________________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________ 2._______________________________________________________________________________________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________ 3._______________________________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________________________ ___ 4._______________________________________________________________________________________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________ Infrastracture:_________________________________________________________________________________________________________________________________________________________________________________________________________________________ Import obligation:__________________________________________________________________ Fixed tariff:__________________________________________________________________ Ad valorem tariff:_____________________________________________________________ Current flyer:_______________________________________________________________ ____________________________________________________________________________ Dumping:______________________________________ _____________________________________________________! _____________________________________________________ Protectionism:____________________________________________________________________________________________________________________________________________ Exchange control:_____________________________________________________________ Quata:___________________________________________________________________________________________________________________________________________________ Embargo:____________________________________________________________________ GATT:______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ NAFTA:______________________________________________________________________________________ _______________________________________________________________________________________________________________________________________ EU:_________________________________________________________________________________________________________________________________________________________________________________________________________________________________ human race deposit:__________________________________________________________________ ________________________________________________________________________________________________________________________________________________________ IMF:________________________________________________________________________________________________________________________________________________________________________________________________________________________________ What did the GATT agreement do?________________________________________________ ______________________________________________________________________________ _____________________________________________________! _____________________________________________________________________________________________________________________________________________________________________________ Countertrade:_________________________________________________________________ Export agents:________________________________________________________________ Red record:____________________________________________________________________ Trading company:_____________________________________________________________ ____________________________________________________________________________ Licensing:________________________________________________________________________________________________________________________________________________ Franchising:______________________________________________________________________________________________________________________________________________ Cartel:_________________________________________________________________________________________________________ ______________________________________________________________________________________________________________________ Common markets:_____________________________________________________________ ____________________________________________________________________________ Contract manufacturing:________________________________________________________ ____________________________________________________________________________ give voice venture:_________________________________________________________________ ____________________________________________________________________________ Strategic shackle:______________________________________________________________ ____________________________________________________________________________ Direct investment:_____________________________________________________________ ____________________________________________________________________________ Outsourcing:______________________________________________________________________ _____________________________________________________! ___________________ MNC:___________________________________________________________________________________________________________________________________________________ Chapter 5 Sole proprietorship:____________________________________________________________ Advantages:______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________... 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