WGU D080 Terms 2023/2024 (Managing In A Global Business Environment)

WGU D080 Terms 2023/2024 (Managing In A Global Business Environment) trade - Answer The action of buying and selling goods and services trade secret - Answer Intellectual property that is kept private trade surplus - Answer When the value of a country's exports is greater than the value of goods being imported trademarks - Answer Protection for any word, name, symbol, device, or any combination used in commerce to identify and distinguish the goods of one manufacturer or seller from goods manufactured or sold by others training - Answer A focused educational program with a specific goal transfer pricing - Answer The practice of shifting assets to a subsidiary in a country with a better tax bracket transnational strategy - Answer An international commerce strategy that combines the aspects of standardization and multidomestic strategies TRIPS (Trade-Related Aspects of Intellectual Property Rights) - Answer A WTO agreement that governs all IP laws and protects intellectual property rights for global businesses. UN Convention on Contracts for the International Sale of Goods (CISG) - Answer United Nations treaty that applies to the international sales of commercial goods Uncertainty avoidance - Answer One of Hofstede's six dimensions of national culture. It measures how comfortable a society is with uncertainty.