Unit 4 Business Key Terms

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Across
  1. 2. Moving jobs to other countries
  2. 4. Strategies that adjust products to fit with target customers
  3. 7. trade Trade between nations without restrictions from barriers
  4. 8. sector The area of production involving the extraction of raw materials from the earth
  5. 9. Moving jobs to other organisations
Down
  1. 1. pricing Where a business is able to charge a higher price than normal
  2. 3. A cultural group within a larger culture, often having slightly different product needs to those of the larger culture
  3. 5. Bringing production back home after using foreign production facilities for a period of time
  4. 6. bloc Group of countries that have a trade agreement to reduce or protectionist barriers
  5. 10. The probability of a (bad) event happening multiplied by its (negative) impact