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FCSDIB-Ch 1

Int. Business Vocab Ch 1

TermDefinition
culture the accepted behaviors, customs, & values of a society OR a learned, shared, unifying, & interrelated beliefs, values, & assumptions
domestic business making, buying, & selling goods and services within a country
exports products sold in other countries
global dependency a condition that exists when items consumers need & want are created in other countries
imports products bought from businesses in other countries
international business all business activities needed to create, ship, & sell goods & services across national borders
trade barriers restrictions that reduce free trade among countries
Created by: fcsdklw
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