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when a country has a monopolay on producing a product or is able to produce it at a cost below that of all other countriess |
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paid, nonpersonal communication through various media by organizations and individuals who ae in some way identified in the advertising message |
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employment activities designed to "right past wrongs" endured by women and minorities |
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a yearly statement of the financial condition and progress of an organization covering a one-year period |
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financial statemet which reports the financiall position of a firm on a specific date. a balance sheet is composed of assets, liabilities and owner's equity |
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stocks of high-quality companies |
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a name, symbol, or design (or combination of these) that identifies the goods and services of one seller or group of sellers and distinguishes them from those of competitors |
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combination of factor such as awareness, loyalty, perceived quality, the feeling and images, and any other emotion people associate with a brand name |
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combination of factors such as awareness, loyalty, perceived quality, the feeling and images, and any other emotion people associated with a brand name |
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a financial plan that allocates resources based on projected revenues |
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a detailed written statement that describes the nature of the business, the target market, the advantages the business will have over competitors, and the resources and qualifications of the owners |
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an economic system in which all or most ot the means of production and distribution are privately owned and operated for profit |
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consumer doubts after the purchase about whether or not the purchase was the best product at the best price |
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the process whereby union and management representatives reach a negotiated labor-management agreement |
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securities exchange which specializes in the buyin and selling of precious metals and minerals and agricultural goods |
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stocks that offer a high dividend |
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the network of computers and telecommunications equipment that links people throughout the world into one unified communications systems |
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the use of knowledge or information that a person gains through his or her position that allows the person to benefit from fluctuations in stock prices |
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items that are not included in the current and fixed assets categories |
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the merging of all organizational efforts to please customers, employees, and otherĀ stakeholders |
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job enrichment strategy involving moving employees from one job to another |
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a partnership in which companies (often from two or more different countries) join |
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laissez-faire (free-reign) leadership |
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leadership style that involves managers setting objectives and employees being relatively free to do whatever it takes to accomplish those objectives |
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an attempt by employees, management, or a group of investers to purchase an organization primarily through borrowing |
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the amount of unsecured short-term credit a bank will lend a borrower that is agreed to ahead of time |
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a system of goal setting and implementation that involves a cycle of discussion, review, and evaluation of objectives |
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building systems and a culture that unite different people in a common persuit without undermining their diversity |
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the provision of information and analysis to managers within the organization to assist them in decision making |
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the design of custom-made products and promotions, including advertising |
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the result of two firms forming one company |
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process of optimizing the contribution of people from different cultures |
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multinational corporation |
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an organization that does manufacturing and marketing in many different countries |
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an organization that buys stocks and bonds and then sells shares in those securities to the public |
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