Flashcards
Flash Cards for Business Ethics and the Global Market (PART 1)
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What are the economic factors that shape how a business operates and influences the business environment?
What are the economic factors that shape how a business operates and influences the business environ...
1. Economic
2. Political and Legal
3. Demographic
4. Social
5. Competitive
6. Global
7. Technological
How does the monetary and fiscal policy help achieve macroeconomic goals?
How does the monetary and fiscal policy help achieve macroeconomic goals?
By controlling the amount of money in circulation and the amount of that money that business have available to spend
Here are some helpful links to look into for information ;)
Here are some helpful links to look into for information ;)
- https://evonomics.com/why-are-some-countries-poor-and-others-rich/
- https://stripe.com/
Capital includes money, _______, and _______.
Capital includes money, _______, and _______.
plant, equipment
What's considered an emerging factor of production?
What's considered an emerging factor of production?
Knowledge
Macroeconomics focuses on the study of _______, while microeconomics studies _______.
Macroeconomics focuses on the study of _______, while microeconomics studies _______.
broad economic factors, the behavior of households and firms
The four types of unemployment are frictional, _______, cyclical, and _______.
The four types of unemployment are frictional, _______, cyclical, and _______.
structural, seasonal
The two forces that drive market economies are _______ and demand.
The two forces that drive market economies are _______ and demand.
Supply
Flip
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