Business En Morning

What is the definition of 'Global market'?

• A market limited to one country

• A market for digital goods

• The worldwide economic market

• A local economic market

What does 'Logistic' refer to?

• The creation of new products

• The process of selling goods

• The management of the flow of goods

• The study of market trends

What is 'Insurance'?

• A government tax

• A loan for purchasing goods

• A type of investment

• Protection against financial loss

What does 'Customs' refer to?

• Government agency controlling imports/exports

• A financial institution

• A type of insurance

• A method of shipping goods

What is meant by 'Credit' in business?

• A government regulation

• A fee for services

• A loan or financial trust in business transactions

• A type of tax

What does 'Packaging' refer to?

• A type of marketing strategy

• Materials used to wrap or protect goods

• The process of selling goods

• A financial report

What is a 'Franchise'?

• A business model where rights are granted to sell

• A type of insurance

• A government regulation

• A method of shipping goods

What does 'Globalization' mean?

• A method of product packaging

• A local business strategy

• The process of international economic integration

• A type of market research

What is 'Quality control'?

• The process of managing finances

• A type of customer service

• Ensuring products meet set standards

• A method of marketing

What does 'Tariff' refer to?

• A financial report

• A type of insurance

• A tax on imports or exports

• A method of product delivery