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WorksheetsLocal Opportunities, Global Entrepreneurship, Ethics, and Social Responsibilities
Total questions: 39
Worksheet time: 39mins
Chamber of Commerce
Business network that aims to further the interest of business
Helps people find local businesses and makes sure that businesses, charities or other organizations are trustworthy and authentic
An area in which policies encourage economic growth and development
A US Government agency that provides assistance to small businesses
Better Business Bureau
Business network that aims to further the interest of business
Helps people find local businesses and makes sure that businesses, charities or other organizations are trustworthy and authentic
An area in which policies encourage economic growth and development
A US Government agency that provides assistance to small businesses
Enterprise Zone
Business network that aims to further the interest of business
Helps people find local businesses and makes sure that businesses, charities or other organizations are trustworthy and authentic
An area in which policies encourage economic growth and development
A US Government agency that provides assistance to small businesses
Small Business Administration
Business network that aims to further the interest of business
Helps people find local businesses and makes sure that businesses, charities or other organizations are trustworthy and authentic
An area in which policies encourage economic growth and development
A US Government agency that provides assistance to small businesses
Service Clubs
An organization that promotes fellowship among its members and is devoted to volunteer community service
Helps to enhance the participation of small businesses
A person who gives to the community through free business advice and education to entrepreneurs
State Websites
An organization that promotes fellowship among its members and is devoted to volunteer community service
Helps to enhance the participation of small businesses
A person who gives to the community through free business advice and education to entrepreneurs
SCORE
An organization that promotes fellowship among its members and is devoted to volunteer community service
Helps to enhance the participation of small businesses
A person who gives to the community through free business advice and education to entrepreneurs
What are 3 reasons small businesses are important to a local economy?
They create American-made products
Buying local saves on transportation costs
They create local jobs
They allow for Russian bots to hack the Pentagon
نحن نحب إسرائيل
Cultural Differences
Cultural beliefs, customs, and social behaviors often differ from those in the United States
Not everyone speaks the same language, so use resources to help overcome that barrier
The rate at which one currency can be converted to another
The US Department of Commerce can help entrepreneurs get the proper types of these for their specific types of foreign business
Communication
Cultural beliefs, customs, and social behaviors often differ from those in the United States
Not everyone speaks the same language, so use resources to help overcome that barrier
The rate at which one currency can be converted to another
The US Department of Commerce can help entrepreneurs get the proper types of these for their specific types of foreign business
Exchange Rates
Cultural beliefs, customs, and social behaviors often differ from those in the United States
Not everyone speaks the same language, so use resources to help overcome that barrier
The rate at which one currency can be converted to another
The US Department of Commerce can help entrepreneurs get the proper types of these for their specific types of foreign business
Legal Documents
Cultural beliefs, customs, and social behaviors often differ from those in the United States
Not everyone speaks the same language, so use resources to help overcome that barrier
The rate at which one currency can be converted to another
The US Department of Commerce can help entrepreneurs get the proper types of these for their specific types of foreign business
Logistics
Planning and managing the flow of goods, services, and people to a destination
Specific laws that apply when doing business in the US and in foreign countries
Shipping products made in one country out to another country for future sale
Bringing products made in one country into another country for future sale
Labor Laws
Planning and managing the flow of goods, services, and people to a destination
Specific laws that apply when doing business in the US and in foreign countries
Shipping products made in one country out to another country for future sale
Bringing products made in one country into another country for future sale
Exporting
Planning and managing the flow of goods, services, and people to a destination
Specific laws that apply when doing business in the US and in foreign countries
Shipping products made in one country out to another country for future sale
Bringing products made in one country into another country for future sale
Importing
Planning and managing the flow of goods, services, and people to a destination
Specific laws that apply when doing business in the US and in foreign countries
Shipping products made in one country out to another country for future sale
Bringing products made in one country into another country for future sale
Licensing
When a business sells the right to manufacture its products or use its trademark
A partnership in which two or more companies from more than one country work together for a specific business purpose
Governmental regulations that restrict trade with other countries
Tax on imported goods
International Joint Venture
When a business sells the right to manufacture its products or use its trademark
A partnership in which two or more companies from more than one country work together for a specific business purpose
Governmental regulations that restrict trade with other countries
Tax on imported goods
Trade Barriers
When a business sells the right to manufacture its products or use its trademark
A partnership in which two or more companies from more than one country work together for a specific business purpose
Governmental regulations that restrict trade with other countries
Tax on imported goods
Tariff
When a business sells the right to manufacture its products or use its trademark
A partnership in which two or more companies from more than one country work together for a specific business purpose
Governmental regulations that restrict trade with other countries
Tax on imported goods
WTO
Formed in 1995 to reduce trade barriers around the world
Removed all tariffs between Canada, Mexico, and the United States
NAFTA
Formed in 1995 to reduce trade barriers around the world
Removed all tariffs between Canada, Mexico, and the United States
What are 2 ways to start a business in another country?
Create a new business
Buy a franchise
Move there
Sell your company to locals
Ethics
Rules of behavior based on ideas about what is right and wrong
Provides general principles or values, often social or moral, that guide the organization
Lists the acceptable behavior for specific business situations
Information a company wishes to keep private
Code of Ethics
Rules of behavior based on ideas about what is right and wrong
Provides general principles or values, often social or moral, that guide the organization
Lists the acceptable behavior for specific business situations
Information a company wishes to keep private
Code of Conduct
Rules of behavior based on ideas about what is right and wrong
Provides general principles or values, often social or moral, that guide the organization
Lists the acceptable behavior for specific business situations
Information a company wishes to keep private
Proprietary Information
Rules of behavior based on ideas about what is right and wrong
Provides general principles or values, often social or moral, that guide the organization
Lists the acceptable behavior for specific business situations
Information a company wishes to keep private
Confidentiality Agreement
States that the employee will not share any company information with outsiders
Exists when an employee has competing interests and loyalties
An amount of money given to someone in return for providing help in a business deal
When employees use private company information to purchase company stock or other securities for personal gain
Conflict of Interest
States that the employee will not share any company information with outsiders
Exists when an employee has competing interests and loyalties
An amount of money given to someone in return for providing help in a business deal
When employees use private company information to purchase company stock or other securities for personal gain
Kickback
States that the employee will not share any company information with outsiders
Exists when an employee has competing interests and loyalties
An amount of money given to someone in return for providing help in a business deal
When employees use private company information to purchase company stock or other securities for personal gain
Insider Trading
States that the employee will not share any company information with outsiders
Exists when an employee has competing interests and loyalties
An amount of money given to someone in return for providing help in a business deal
When employees use private company information to purchase company stock or other securities for personal gain
Plagiarism
Using another’s words without giving credit to the person who wrote them
Copyrighted software that is available free of charge on a trial basis
Software available at no cost and can be used at any time
A mass email sent to individuals who did not give a company permission to email them
Shareware
Using another’s words without giving credit to the person who wrote them
Copyrighted software that is available free of charge on a trial basis
Software available at no cost and can be used at any time
A mass email sent to individuals who did not give a company permission to email them
Freeware
Using another’s words without giving credit to the person who wrote them
Copyrighted software that is available free of charge on a trial basis
Software available at no cost and can be used at any time
A mass email sent to individuals who did not give a company permission to email them
Spam
Using another’s words without giving credit to the person who wrote them
Copyrighted software that is available free of charge on a trial basis
Software available at no cost and can be used at any time
A mass email sent to individuals who did not give a company permission to email them
Socially Responsible
Behaving with sensitivity to social, economic, and environmental issues
The actions of a business to further social good
The advantage a business has due to reputation; it cannot be bought
Prompting the welfare of others
Corporate Social Responsibility
Behaving with sensitivity to social, economic, and environmental issues
The actions of a business to further social good
The advantage a business has due to reputation; it cannot be bought
Prompting the welfare of others
Goodwill
Behaving with sensitivity to social, economic, and environmental issues
The actions of a business to further social good
The advantage a business has due to reputation; it cannot be bought
Prompting the welfare of others
Philanthropy
Behaving with sensitivity to social, economic, and environmental issues
The actions of a business to further social good
The advantage a business has due to reputation; it cannot be bought
Prompting the welfare of others
