BRICS
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Brazil: commodities and agriculture
Russia: energy
India: leading service provider
China: manufacturing
South Africa: recently added
- minerals and resources; gateway to Africa
written codes of ethics
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, - promote public confidence
- internally provide and demonstrate consistent standards
- help managers respond to problems
Business
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an organization that seeks to earn profits by providing g/s
cartel
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association of producers created to control
supply and demand of a certain p/s
labour productivity
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output produced / labour hours needed
balance of payments
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, flow of all money into/out of a country
Favourable if exports > imports
unfavourable if imports > exports
CA has had unfavourable for 20 years
intrepreneur
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a person who creates something new within an existing firm
fair-trade
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movement to help workers in developing countries receive fair payment for
their work
restrictive taxes
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for the purpose of controlling products and revenue
ex. alcohol, tobacco
Give this one a try later!
Brazil: commodities and agriculture
Russia: energy
India: leading service provider
China: manufacturing
South Africa: recently added
- minerals and resources; gateway to Africa
written codes of ethics
Give this one a try later!
, - promote public confidence
- internally provide and demonstrate consistent standards
- help managers respond to problems
Business
Give this one a try later!
an organization that seeks to earn profits by providing g/s
cartel
Give this one a try later!
association of producers created to control
supply and demand of a certain p/s
labour productivity
Give this one a try later!
output produced / labour hours needed
balance of payments
Give this one a try later!
, flow of all money into/out of a country
Favourable if exports > imports
unfavourable if imports > exports
CA has had unfavourable for 20 years
intrepreneur
Give this one a try later!
a person who creates something new within an existing firm
fair-trade
Give this one a try later!
movement to help workers in developing countries receive fair payment for
their work
restrictive taxes
Give this one a try later!
for the purpose of controlling products and revenue
ex. alcohol, tobacco
