12/7/25, 7:02 PM Business 100 Flashcards | Quizlet
Social Science Business Business Management
Business 100
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Mgmt 120a Ch8 pt 4 Section U — Food & Beverage Sales... Management Functio
40 terms 7 terms 22 terms
Mwasden2 Preview sanchita_challa Preview quizlette50009876
Practice questions for this set
Learn 1 /7 Study with Learn
Job discription
Choose an answer
sequencing of activities, time determined
1 2 equal jobs for equal pay men vs women
for activity
3 responsibilities of job 4 protect employees from employer
Don't know?
Terms in this set (117)
any organization or activity that provides goods/services in an
Business
effort to earn a profit
What role does business play in plays roles in jobs, infrastructure, risks of starting a business
the economy according to
Chapter 1
According to Ch1, what is the work hand-in-hand to improve quality of lige in our society,
role of nonprofit orginizations in focussing on areas of health, human services, education, art,
the economy religion, and culture; employee 1 in 10 workers
https://quizlet.com/61398440/business-100-flash-cards/ 1/6
, 12/7/25, 7:02 PM Business 100 Flashcards | Quizlet
Economic Enviorment, Competitive Enviorment, Workforce
What are the 5 dimensions of
Advantage, Technological Enviorment, Social Enviorment, Global
the business enviorment
Emviorment
How has the global free trade goods move more freely than ever across international
movement impacted business boundries
What are the 4 factors of Natural Resources, Human Resources, Capital, Enterpenuership
production businesses depend
on to achieve their objectives
What are the 4 general Strengths, Weaknesses, Opportunities, and Threats
categories when completeing a
SWOT analysis
Chapter 3 explains key reasons International trade offers a valuable opportunity for individual
a business might consider firms to capitalize on factors of production that simply arent
getting involved in international present in the right amount for the right price in each individual
trade, from a business point, country, Reduces dependence on one economy, lowering
why might a company consider economic risk for multinational firms. Offer companies an
this option invaluable source of new ideas.
Explain how to calculate the a basic measure of the difference in value between a nations
balance of trade exports and imports
Outsourcing: lower cost, high risk
Explain the pros and cons of Importing: lower cost, unexpected risks
one of the key strategies for Exporting: control of pricing, travel
devveloping foreign markets Licencing: expantion, risk of unethical licence
Franchising: new markets, cultural risk
international trade that involves the barder of products for
Countertrading
products rather than for curency
Ethics Set of beliefs about right and wrong, good and bad
a decision that involves a conflict of values, every potential
course of action has some significant negative consequences
Ethical dilema
EX: When boss cant give you the raise you deserve but tels you
to secretly pocket some money for compensation
Social responsibility the obligation of a business to contribute to society
1. Give back to the community through donation
List 3 ways organizations are or
2. Ensure everything is safe
can be socially responsible
3. Hard work is rewarded
When might the need for social Might cost the compant money to give back to the community
responsibility conflicts with the
need to maximize profits
Right to be safe
What are the 2 of 4 consumer
Right to be heard
rights outlines by President
Right to be informed
Kennedy in the early 1960's
Right to choose
https://quizlet.com/61398440/business-100-flash-cards/ 2/6
Social Science Business Business Management
Business 100
Leave the first rating
Students also studied
Mgmt 120a Ch8 pt 4 Section U — Food & Beverage Sales... Management Functio
40 terms 7 terms 22 terms
Mwasden2 Preview sanchita_challa Preview quizlette50009876
Practice questions for this set
Learn 1 /7 Study with Learn
Job discription
Choose an answer
sequencing of activities, time determined
1 2 equal jobs for equal pay men vs women
for activity
3 responsibilities of job 4 protect employees from employer
Don't know?
Terms in this set (117)
any organization or activity that provides goods/services in an
Business
effort to earn a profit
What role does business play in plays roles in jobs, infrastructure, risks of starting a business
the economy according to
Chapter 1
According to Ch1, what is the work hand-in-hand to improve quality of lige in our society,
role of nonprofit orginizations in focussing on areas of health, human services, education, art,
the economy religion, and culture; employee 1 in 10 workers
https://quizlet.com/61398440/business-100-flash-cards/ 1/6
, 12/7/25, 7:02 PM Business 100 Flashcards | Quizlet
Economic Enviorment, Competitive Enviorment, Workforce
What are the 5 dimensions of
Advantage, Technological Enviorment, Social Enviorment, Global
the business enviorment
Emviorment
How has the global free trade goods move more freely than ever across international
movement impacted business boundries
What are the 4 factors of Natural Resources, Human Resources, Capital, Enterpenuership
production businesses depend
on to achieve their objectives
What are the 4 general Strengths, Weaknesses, Opportunities, and Threats
categories when completeing a
SWOT analysis
Chapter 3 explains key reasons International trade offers a valuable opportunity for individual
a business might consider firms to capitalize on factors of production that simply arent
getting involved in international present in the right amount for the right price in each individual
trade, from a business point, country, Reduces dependence on one economy, lowering
why might a company consider economic risk for multinational firms. Offer companies an
this option invaluable source of new ideas.
Explain how to calculate the a basic measure of the difference in value between a nations
balance of trade exports and imports
Outsourcing: lower cost, high risk
Explain the pros and cons of Importing: lower cost, unexpected risks
one of the key strategies for Exporting: control of pricing, travel
devveloping foreign markets Licencing: expantion, risk of unethical licence
Franchising: new markets, cultural risk
international trade that involves the barder of products for
Countertrading
products rather than for curency
Ethics Set of beliefs about right and wrong, good and bad
a decision that involves a conflict of values, every potential
course of action has some significant negative consequences
Ethical dilema
EX: When boss cant give you the raise you deserve but tels you
to secretly pocket some money for compensation
Social responsibility the obligation of a business to contribute to society
1. Give back to the community through donation
List 3 ways organizations are or
2. Ensure everything is safe
can be socially responsible
3. Hard work is rewarded
When might the need for social Might cost the compant money to give back to the community
responsibility conflicts with the
need to maximize profits
Right to be safe
What are the 2 of 4 consumer
Right to be heard
rights outlines by President
Right to be informed
Kennedy in the early 1960's
Right to choose
https://quizlet.com/61398440/business-100-flash-cards/ 2/6
