Flashcards
Business Structure A levels
Cards in this deck (10)
- 1Local BusinessA business that operates in a small and well-defined area
- 2National BusinessBusinesses that have branches or operations across most of the country.
- 3International Business/ Multinational BusinessBusinesses that have their headquarters in one country but with operating branches, factories and assembly plants in other countries
- 4Free TradeNo restrictions or trade barriers exist that might prevent or limit trade between countries.
- 5TariffsTaxes imposed on imported goods to make them more expensive than they would otherwise be.
- 6QuotasLimit on the physical quantity or value of certain goods that may be imported.
- 7Voluntary Export LimitsAn exporting country agreeing to limit the quantity of certain goods sold to one country.
- 8ProtectionismUsing barriers to free trade to protect a country's own domestic industries.
- 9GlobalisationThe increasing freedom of movement of goods, capital and people around the world.
- 10PrivatisationSelling state owned and controlled business organisations to investors in the private sector
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- A level Business (Business Structure (A)) Flashcards on Business Structure A levels, created by Aarushi Pandit on 16/08/2015.
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- Aarushi Pandit
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