Managing in a Global Business
Environment - D080 Already Passed
AAA ratings ✔✔The highest possible rating that may be assigned by a credit rating agency for a
bond
absolute quota ✔✔A quota that strictly limits the qu
...
Managing in a Global Business
Environment - D080 Already Passed
AAA ratings ✔✔The highest possible rating that may be assigned by a credit rating agency for a
bond
absolute quota ✔✔A quota that strictly limits the quantity of goods that may enter a country.
Ad valorem tariffs ✔✔Import taxes based on a fixed percentage of the assessed commercial
value of imported goods
agility ✔✔Ability to move quickly and flexibly
algorithms ✔✔A process or set of rules to be followed in calculations especially by a computer
antimonopoly laws/antitrust laws/competition laws ✔✔Consumer protection policy used to limit
unfair business practices related to competition and control of prices
Apple Inc. vs. Pepper ✔✔Antitrust court case in which a group of iPhone users have accused
Apple of monopolistic practices via the App store
artificial intelligence (AI) ✔✔Any type of computer that engages in humanlike activities
assets ✔✔A useful or valuable thing; something you own such as building, inventory, or cash
autarky ✔✔A political or economic system that becomes self-sufficient to survive.
balance of payments ✔✔The difference in total value between payments into and out of the
country over a period of time
barriers to entry ✔✔The obstacles that make it difficult for a new company to enter a given
market. These barriers may include technology challenges, high start-up costs, or government
regulations
brand ✔✔A type of product made by a particular company under a particular name
broadband ✔✔Any type of high-speed wired or wireless communication
Business ethics ✔✔The contemporary standards or sets of values that govern the actions and
behavior of individuals in the business organization and the actions of the business itself
centralization ✔✔The degree to which decision-making authority is concentrated at higher levels
in an organization and business functions controlled in a central location
centralized companies ✔✔Companies with structures that limit decision-making to higher levels
in the organizational hierarchy
Chief Information Officers ✔✔An executive with responsibility for managing all information
resources in an organization
collateral ✔✔Something pledged as security for repayment of a loan to be forfeited in the event
of a default
collective environment ✔✔Understanding that the environment not only belongs to everyone to
enjoy but is also everyone's shared responsibility
collectivist ✔✔Focused on the good of the group or society over the individual
colonialism ✔✔The policy or practice of acquiring full or partial political control over another
country to exploit it economically
commodities ✔✔A raw material or primary agricultural product that can be bought or sold
compensation ✔✔What an employee is paid in exchange for work
Compound tariffs ✔✔Taxes on imported goods that are a combination of a fixed amount and an
amount based on the value of the goods
conflict of interest (COI) ✔✔Ethical chal
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