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LAP EC 22

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Term
Definition
Brain drain   show
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show A belief or quality that a brand stands for and is built around  
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show A state of heightened tension that existed between the Eastern and Western parts of the world, lasting from the end of World War II until approximately 1991  
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Culture   show
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show Management of risks by spreading out financial investments among a number of different securities or business ventures  
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Expansion   show
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show The process of selling goods and services to individuals, businesses, or governments in other countries  
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show A contractual agreement between a parent company and a franchisee to distribute goods or services  
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show The rapid and unimpeded flow of capital, labor, and ideas across national borders  
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Human resources   show
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Infrastructure   show
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show A term referring to the ideological separation of East and West during the Cold War  
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show An arrangement that involves two or more businesses entering into a relationship by combining complementary resources such as technology, skills, capital, or distribution channels, for the benefit of all parties  
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Licensing   show
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Market research   show
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Market share   show
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Multinational firm   show
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show A sense of pride in one’s own country that can create a resistance to outside influences  
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show Items that are found in nature and used to produce goods and services  
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show Producing goods in foreign countries typically involves moving domestic jobs overseas  
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show A percentage of actual sales that a licensee pays to a licensor; usually anywhere from 5 to 15 percent  
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show See joint venture  
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show The particular group of customers a business seeks to attract  
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show A country that offers low or no tax rates  
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Wholly owned subsidiary   show
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Created by: VNelsonWHS
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