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Jeopardy Ch 3Ch 4Culture Customer Service Random Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200 Q $300 Q $400 Q $500 Final Jeopardy
$100 Question from H1 The organized way a nation provides for the needs and wants of its people.
$100 Answer from H1 What is: an Economy
$200 Question from H1 All the things used in producing goods and services
$200 Answer from H1 Resources
$300 Question from H1 Land, Labor, Capital, and Entrepreneurship
$300 Answer from H1 4 Factors of Production
$400 Question from H1 The physical development of a country. Which includes roads, ports, sanitation, facilities, and utilities, especially telecommunications
$400 Answer from H1 Infrastructure
$500 Question from H1 The difference between wants and needs and available resources
$500 Answer from H1 Scarcity
$100 Question from H2 Makes people all around the world potential customers and employees
$100 Answer from H2 Global Marketplace
$200 Question from H2 The exchange of goods and services among nations
$200 Answer from H2 International Trade
$300 Question from H2 The difference in value between exports and imports of a nation
$300 Answer from H2 Balance of Trade
$400 Question from H2 Letting another company use a trademark, patent, formula, company name, for a fee or royalty
$400 Answer from H2 Licensing
$500 Question from H2 A company’s use of an existing product and/or promotion to which changes are made to better suit the characteristics of a country or region
$500 Answer from H2 Adaptation
$100 Question from H3 ______________ revolves around two things 1.Thoughtful consideration of the interests and feelings of others 2.Minimizing misunderstandings
$100 Answer from H3 Business Etiquette
$200 Question from H3 Knowing when to be passionate and not emotional or self-confident without being arrogant
$200 Answer from H3 Character
$300 Question from H3 It includes areas such as politics, history, faith, mentality, behavior and lifestyle.
$300 Answer from H3 Culture
$400 Question from H3 Key to success in international business
$400 Answer from H3 Cultural Sensitivity
$500 Question from H3 What is an example of a business situation when cultural sensitivity or language created a problem?
$500 Answer from H3 Answer will vary
$100 Question from H4 Creates goodwill and customer satisfaction
$100 Answer from H4 Customer Service
$200 Question from H4 It is critical for them to plan for situations that might put a strain on customer service
$200 Answer from H4 Managers
$300 Question from H4 These businesses share common traits They are customer focused Take advantage of technology Are forward thinkers
$300 Answer from H4 Service Oriented Businesses
$400 Question from H4 Businesses spend _____ to create an image that they care about their customers
$400 Answer from H4 Money or $
$500 Question from H4 Large businesses use _____________________ Track who buys the most products = who makes them the most $$ Who makes the most returns Establish better relationships
$500 Answer from H4 Customer-relationship management software
$100 Question from H5 Natural resources are used as raw material for making goods and creating services that are marketed to customers. Climate and geography can also be an example
$100 Answer from H5 Land
$200 Question from H5 Refers to all the people who work. It includes: Full/part time Managers Professionals in both private and public sectors
$200 Answer from H5 Labor
$300 Question from H5 Includes money to start and operate a business. Also includes the goods in the production process
$300 Answer from H5 Capital
$400 Question from H5 Refers to the skills of people who are willing to invest their time and money to run a business
$400 Answer from H5 Entrepreneurship
$500 Question from H5 When Honda entered China’s consumer market, it recognized that most Chinese people could not afford cars. The company targeted the motorcycle market instead. The people had a lower ___________?
$500 Answer from H5 Standard of Living
Final Jeopardy This type of economy has three goals: 1.Increase productivity 2.Decrease unemployment 3.Maintain stable prices
Final Jeopardy Answer A Healthy Economy
Chapter 3 – Political and Economic Analysis
WHAT IS AN ECONOMY?.
The Global Marketplace
Global Analysis. International Trade – exchange of goods and services among nations Imports – goods and services purchased from another country Exports.
Chapter 4 Global Economies 1 Section 4.1 What Is an Economy? Marketing Essentials.
Economic Resources Now that we’ve examined the basics of marketing, you need to understand how the economy can affect marketing decisions. In this lesson.
Chapter 3 political and economic analysis Section 3.1
SECTION 4.1 WHAT IS AN ECONOMY? Chapter 4: Global Economics.
Section 4.1 International Trade Chapter 4 global analysis Section 4.2 The Global Marketplace.
Creating Competitive Advantage
Political and Economic Analysis. What Creates an Economy What is an Economy? Organized way a nation provides for the needs and wants of its people.
Doing Business in other Countries. Important when considering business Changes cause investors to be wary New laws can form.
International Trade Chapter #4.
International Trade Chapter 4. Nature of International trade International Trade – is the exchange of goods and services among nations. International.
Principles of Economics
International Trade. Exists because countries need to trade with one another. Continues to expand Because of the reduction in trade restrictions
Section 3.1 What Is an Economy? Chapter 3 political and economic analysis Section 3.2 Understanding the Economy.
Business in the Global Economy
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