BBB 4M1 Jeopardy Jeopardy True & False Fill in the blanks Definitions Short Answer 100 200 300...

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BBB 4M1BBB 4M1JeopardyJeopardyBBB 4M1BBB 4M1JeopardyJeopardy

JeopardyJeopardy

True & True & FalseFalse

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DefinitionDefinitionss

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CreditsCreditsThat’s all folks.That’s all folks.

Exit

True & False $100True & False $100

Intellectual capital is the sum of Intellectual capital is the sum of knowledge, information, intellectual knowledge, information, intellectual property, talent and experience property, talent and experience within a country or organization. within a country or organization.

TRUETRUE or or FALSEFALSE

True & False $100True & False $100

True!True!

True & False $200True & False $200

NAFTA was created on January 1, NAFTA was created on January 1, 1998 between Canada, U.S.A., and 1998 between Canada, U.S.A., and China. China.

TRUETRUE oror FALSEFALSE

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False!False!

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Globalization refers to the growth Globalization refers to the growth and spread of international and spread of international economies and businesses around economies and businesses around the world. the world.

TRUETRUE or or FALSEFALSE

True & False $300True & False $300

True!True!

True & False $400True & False $400

During the Middle Ages, merchant During the Middle Ages, merchant and craftspeople within towns and craftspeople within towns created organized associations, created organized associations, called self-sufficients. called self-sufficients.

TRUETRUE oror FALSEFALSE

True & False $400True & False $400

False!False!

Guilds!Guilds!

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During the exploration of the During the exploration of the Americas, spice was the most Americas, spice was the most important trade commodity. The important trade commodity. The most important spice was sugar.most important spice was sugar.

TRUE or FALSETRUE or FALSE

True & False $500True & False $500

False!False!

Pepper!Pepper!

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Trade between two countries is Trade between two countries is referred to as __________tradereferred to as __________trade

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BilateralBilateral

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An inventory control system that An inventory control system that schedules products to arrive as they schedules products to arrive as they are needed for manufacturing or for are needed for manufacturing or for supply for customers…supply for customers…

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JITJIT

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A measure of ease with which A measure of ease with which companies can run their business. companies can run their business. ____________________

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Business climateBusiness climate

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The large-scale public systems, The large-scale public systems, services and facilities of a country or services and facilities of a country or region that are necessary for region that are necessary for economic activity. __________economic activity. __________

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InfrastrutureInfrastruture

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Retailers that specialize in providing Retailers that specialize in providing a wide variety of products in one a wide variety of products in one category.category.

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Big boxBig box

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Define tariffDefine tariff

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Tariff:Tariff:

A tax imposed by local governments A tax imposed by local governments on goods or services coming into a on goods or services coming into a countrycountry

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Define ISODefine ISO

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The mission of the ISO is to promote The mission of the ISO is to promote the development of voluntary the development of voluntary standards and related activities in standards and related activities in the worldthe world

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Define Negotiation styleDefine Negotiation style

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Rules of correct or appropriate Rules of correct or appropriate behaviour to follow when meeting behaviour to follow when meeting with officials or business people in with officials or business people in anther nation is referred to as anther nation is referred to as negotiation stylenegotiation style

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Define Thorndyke’s Define Thorndyke’s theorytheory

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…….States that people’s .States that people’s behaviour is controlled by a behaviour is controlled by a desire to either achieve pleasure desire to either achieve pleasure or avoid pain, ie, buy security or avoid pain, ie, buy security systems, insurance to avoid painsystems, insurance to avoid pain

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Define freight forwarderDefine freight forwarder

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……looks after documentation and looks after documentation and transport arrangements (ie, transport arrangements (ie, negotiating rates with airlines, negotiating rates with airlines, other logistics, etc.)other logistics, etc.)

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New processes include New processes include manufacturing, distribution, manufacturing, distribution, Inventory control, JIT, kanban, and Inventory control, JIT, kanban, and Accounting. Select one process and Accounting. Select one process and explain.explain.

Short Answers $100Short Answers $100GO TO PAGE 112-113 of text….GO TO PAGE 112-113 of text….

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List and explain two common pitfalls List and explain two common pitfalls

that companies may make when they that companies may make when they

attempt to trade internationally...attempt to trade internationally...

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Go to Page 216Go to Page 216

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What is the international marketing What is the international marketing mix? Explain with an example...mix? Explain with an example...

Short Answers $300Short Answers $300• Go to page 354.Go to page 354.

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Explain logistics…..Explain logistics…..

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Go to page 370Go to page 370

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What are some factors affecting What are some factors affecting Canada’s competitiveness?Canada’s competitiveness?

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Go to page 83..Go to page 83..