Flashcards
Unit 81: Key Terms - Controlling MNCs
Cards in this deck (6)
- 1Competition Policygovernment policy that exists to promote competition and ensure that firms don't abuse their power, do not attempt to fix prices or use pricing strategies to drive out competition, and do not collude against other producers or the consumer
- 2Direct actionThe use of demonstrations, protests, strikesor even sabotage to achieve a political or social goal
- 3Naming and shamingPublicising behaviour that is considered to be unethical as widely as possible and thereby threatening a businesses reputation
- 4Pressure groupsGenerally voluntary organisations that operate at all levels of society, including international levels, and aim to change ever political or commercial decision making
- 5Tax avoidanceUsing legal methods to reduce the amount of tax that a company pays
- 6Tax evasionUsing illegal means to avoid paying taxes that are owed
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- A level A Level Business (4.4 Global Industries and Companies (MNCs)) Flashcards on Unit 81: Key Terms - Controlling MNCs, created by Heather Jones on 08/05/2017.
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- Heather Jones · May 2017
- Updated
- May 8, 2017
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