Study your flashcards anywhere!

Download the official Cram app for free >

  • Shuffle
    Toggle On
    Toggle Off
  • Alphabetize
    Toggle On
    Toggle Off
  • Front First
    Toggle On
    Toggle Off
  • Both Sides
    Toggle On
    Toggle Off
  • Read
    Toggle On
    Toggle Off
Reading...
Front

How to study your flashcards.

Right/Left arrow keys: Navigate between flashcards.right arrow keyleft arrow key

Up/Down arrow keys: Flip the card between the front and back.down keyup key

H key: Show hint (3rd side).h key

A key: Read text to speech.a key

image

Play button

image

Play button

image

Progress

1/107

Click to flip

107 Cards in this Set

  • Front
  • Back
factor sof production
2-3: the three types of resources used to produce goods and services
fixed costs
9-3: expenses that do not change as the level of production changes
floating exchange rates
7-2: system in which currency values are based on supply and demand
focus groups
17-2: a directed discussion with 8-12 people
foreign debt
2-5: the amount a country owes to other countries
foreign direct investment (FDI)
5-3: the purchase of land or other resources in a foreign country
foreign exchange
7-1: the process of converting the currency of one country into the currency of another country
foreign exchange market
7-2: the network of banks and other financial institutions that buy and sell different currencies
foreign exchange rate
2-5: the value of one country's money in relation to the value of money of another country
franchise
5-3: the right to use a company name or business process in a specific way
free on board (FOB)
6-2: terms of sale that mean the selling price of the product includes the cost of loading the exported goods into transport vessels at the specified place
free-rein managers
10-1: managers who avoid the use of power
free-trade agreement
4-3: an arrangement between countries that eliminates duties and trade barriers on products traded among themselves
free-trade zone
4-3: a designated area where products can be imported duty-free
freight forwarder
6-2: a company that arranges to ship goods to customers in other countries
front-line managers
10-3: managers who oversee the day-to-day operations in specific departments
futures market
20-3: a market that allows investors and others to buy or sell contracts on the future price of commodities, metals, and financial instuments
geocentric approach
11-1: the human resources approach that uses the best available managers without regard for their countries of origin
global dependency
1-1: a condition that exists when items consumers need and want are created in other countries
global information system
14-1: a computer-based system that provides information about company operations around the world to managers of a multinational organization
global product
17-3: standardized item offered in the same form in all countries in which it is sold
grievance procedure
13-2: the steps that must be followed to resolve a complaint by an employee, the union, or the employer
gross domestic product (GDP)
2-5: a measure of the output of a country within its borders, including items produced with foreign resources
gross national product (GNP)
2-5: a meause of the total value of all goods and services produced by the resources of a country
gross profit
9-3: the difference between the cost of an item for a business and the price for which the business can sell that item
hard currency
7-2: a monetary unit that is freely converted into other currencies
home country
4-1: the country in which a multinational enterprise is headquartered
host country
4-1: the country in which a multinational enterprise is a guest
icons
14-1: symbols that are meaningful across cultures
imports
1-2: products bought from businesses in other countries
income statement
9-3: a document that summarizes a company's revenue from sales and its expenses over a period of time
indirect distribution channel
18-2: goods or services are sold with the use of one or more intermediaries between the producer and the consumer
indirect exporting
5-3: the selling of a company's products in a foreign market without any special activity for that purpose
individualism
3-4: the belief in the individual and his or her ability to function relatively independently
industrialized country
2-4: a country with stong business activity that is usually the result of advanced technology and a highly educated population
industry
6-4: a group of companies in the same type of business
inflation
2-2: an increase in the average prices of goods and services in a country
informational interview
12-1: a meeting with another person to gather information about a career or organization
infrastructure
2-4: a nation's transportation, communication, and utility systems
injunction
13-1: a court order that immediatly stops a party from carrying out a specific action
inland marine insurance
21-3: protection from loss while shipping goods on island waterways, railroad lines, truck lines, and airlines
insurance
21-2: planned protection for sharing economic losses among many people
insurance certificate
7-3: a certificate explaining the amount of insurance coverage for fire, theft, water, or other damage that may occure to goods in shipment
insurance policy
21-2: the legal agreement between an insurance comany and the insured
intellectual property
8-2: the technical knowledge or creative work that an individual or company has developed
interest rate
7-1: the cost of using someone else's money
intermediary
18-2: any person or organization in the distribution channel that moves goods and services from the producer to the consumer
international business
1-1: all business activities needed to create, ship, and sell goods and services across national borders
International Court of Justice
8-3: a court that settles disutes between nations when both nations request that it do so and also advises the United Nations on matters of internatnional law
international marketing
16-1: marketing activities among sellers and buyers in different countries
International Monetary Fund (IMF)
7-2: an agency that helps to promote economic cooperation by maintaining an orderly system of world trade and exchange rates
international product
17-3: a customized product adapted to the culture, tastes, and social trends of a country
inventory control
15-1: monitoring the amount of raw materials and completed goods on hand
job
12-1: an employment position obtained mainly for money
job discription
11-2: a document that includes the job identification, job statment, job duties and responsibilities and job specifications and requirements
joint venture
5-3: an agreement between two or more companies to share a business project
labor union
13-1: an organization of workers whose goals are improving members' working condidtions, wages, and benefits
less-developed country (LDC)
2-4: a country with little economic wealth and an emphasis on agriculture or mining
letter of credit
7-3: a financial document issued by a bank for an importer in which the bank guarantees payment
liability
8-1: a broad legal term referring to almost every kind of responsibility, duty, or obligation
licensing
5-3: selling the right to use some intangible property for a fee or royalty
limited liablility
5-1: the situation in which a business owner is only responsible for the debts of the business up to the amount invested
lines of authority
10-3: indicate who is responsible for whom and for what in an organization
liquidity
20-4: the ability to easily convert an asset into cash without a loss in value
litigation
8-3: a lawsuit brought about to enforce the rights of a person or an organization or to seek remedy to the violation of their rights
localized advertizing
19-2: the use of promotions that are customized for various target markets
locals or host-country nationals
11-1: natives of the country in which they work
lockout
13-2: the closing down of a workplace by an employer to force a union to agree to certian demands
loss leader
18-1: a very low-priced item used to attract customers to a store
management contract
5-3: a situation which a company sells only its management skills in another country
managers
10-1: the people in charge of organizations and their resources
manual production
15-1: using human hands and bodies as the means of transforming resources into goods and services
market
16-1: the likely customers for a good or service in a certian geographic location
market economy
2-3: the situation where individual companies and consumers make the decisions about what, how, and for whom items will be purchased
market price
2-2: the point at which supply and demand cross
market segment
16-3: a distinct subgroup of customers who share certian personal or behavioral characteristics
marketing
9-2: the business activities necessary to get goods and sevices from the producer to the consumer
marketing mix
16-2: the four major marketing elements of product, price, distibution, and promotion
marketing plan
9-2: a document that details the marketing activities of an organization
marketing research
17-2: the orderly collection and analysis of data in order to obtain information about a specific marketing concern
markup
18-1: the amount added to the cost of a product to determine the selling price
mediation
8-3: a dispute resolution method that makes use of a neutral third party
middle managers
10-3: managers who oversee the work and departments of a number of front-line managers
mixed economy
2-3: the situation with a blend between government involvement in business and private ownership
money
7-1: anything people will accept for the exchange of goods and services
monopolistic competition
6-4: a market situation whith many sellers, each with a slightly different product
monopoly
6-4: a situation in which one seller controls the entire market for a product or service
BC Masking Procedure for finding PLATEAU
1. obtain and record the BC threshold of the TE unmasked and unoccluded.
2. compare the AC thresholds with the BC thresholds.
If there is a difference of 10 dB or more between the AC and BC results, then masking is required.
3. Select the initial amount of masking (IM) for the NTE using NBN.
4. Then you must reestablish threshold in the TE with this initial amount of masking in the NTE.
5. Each time the patient responds to the PT signal presented to the TE, increase masking noise in the NTE by 10 dB.
6. Each time the patient does not respond to the PT signal in the TE, increase the tone in the TE in 5 dB steps until the patient responds again.
7. Continue this procedure until the masking noise can be increased over a 30 dB interval (3 consecutive 10 dB steps) without producing a shift in the threshold level of the TE.
8. This is the “Plateau” and the BC pure tone intensity level you reached is the actual threshold of the TE.
9. Replace unmasked thresholds symbols on the audiogram with the masked threshold symbols:
multinational company or corporation (MNC)
5-2: an organization that conduts business in several countries
municipal bond
20-3: a debt certificate issued by a state or local government agency
municipal corporation
5-2: an incorporated town or city organized to provide services for citizens rather than to make a profit
mutual fund
20-1: an investment company that manages a poolof funds from many investors
mutual insurance company
21-2: an insurance company owned by its policy-holders
negligence
8-1: the failure of a responsible party to follow standards of due care
net income or profit
5-1: the difference between money taken in and expenses
nonprofit organization
5-2: groups created to provide a service and not concerned with making a profit
nonverbal communication
3-3: communication that does not involve the use of words
nuclear family
3-2: a group that consists of a parent or parents and unmarried children living at home
observational research
17-2: data collected by watching and recording shopping behaviors
ocean marine insurance
21-3: protection from loss while goods are being shipped overseas and while temporarily in port
oligopoly
6-4: control of an industry by a few large companies
open shop
13-2: a workplace in which workers may choose to join the union or not
operational management
15-1: the process of designing and managing a production system
opportunity cost
2-1: the most attractive alernative given up when a choice is made
organizational chart
10-2: a drawing that shows the structure of an organization
organizational market
16-1: buyers who purchase items for resale or additional production
over-the-counter (OTC) market
20-3: a network of stockbrokers who buy and sell stocks not listed on a stock exchange