3.2 Business Terms

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Across
  1. 5. A balance between economic progress, social responsibility, and environmental protection and different cultures.
  2. 7. Using a person's labour without offering them adequate compensation.
  3. 9. is the practice of expanding the number of one's business and/or social contacts by making connections through individuals online.
  4. 12. The price of one country's currency expressed in another country's currency
  5. 13. When there is a significant level of dissatisfaction among the citizens in a country or state eg: Greece, Spain
  6. 16. is the direction or plan of action of a business over the long-term to achieve their goals or business objectives
  7. 17. They aim to improve the international competitiveness and sustained profitability of New Zealand business by providing access to people, knowledge and opportunities.
  8. 18. When a business moves part of their operations (eg: marketing, call centre, production) to another business. Usually reduces costs and resources
Down
  1. 1. Is how consumers buy, sell and trade and the impacts these processes have on businesses and society
  2. 2. The activity of buying and selling goods and services in all the countries around the world
  3. 3. Businesses that have operations in more than one country eg: GM, Ford, Coca Cola, McDonalds
  4. 4. refers to the ability to take a person’s culture and help that person infuse it into another culture, making it uniquely one.
  5. 6. is about providing a high level of social wellbeing in the long-term.
  6. 8. Cultural intelligence is recognising and understanding of the different beliefs, values, attitudes, and behaviours of a group of people and the ability to apply that knowledge toward the achieving of specific goals
  7. 10. A relationship where an experienced person (the mentor) assists another (the mentee) to develop skills and knowledge that will enable the less-experienced person to grow.
  8. 11. aims to raise the significance of culture and its factors in local, regional and global sustainable development.
  9. 14. A period of temporary economic decline during which trade and industrial activity are reduced leading to a fall in a countries GDP
  10. 15. is the action a business as a whole will take at multiple levels of the organisation