Managing in a Global Business Environment - D080 Already Passed

Managing in a Global Business Environment - D080 Already Passed AAA ratings The highest possible rating that may be assigned by a credit rating agency for a bond absolute quota A quota that strictly limits the quantity of goods that may enter a country. Ad valorem tariffs Import taxes based on a fixed percentage of the assessed commercial value of imported goods agility Ability to move quickly and flexibly algorithms A process or set of rules to be followed in calculations especially by a computer antimonopoly laws/antitrust laws/competition laws Consumer protection policy used to limit unfair business practices related to competition and control of prices Apple Inc. vs. Pepper Antitrust court case in which a group of iPhone users have accused Apple of monopolistic practices via the App store artificial intelligence (AI) Any type of computer that engages in humanlike activities assets A useful or valuable thing; something you own such as building, inventory, or cash autarky A political or economic system that becomes self-sufficient to survive. balance of payments The difference in total value between payments into and out of the country over a period of time barriers to entry The obstacles that make it difficult for a new company to enter a given market. These barriers may include technology challenges, high start-up costs, or government regulations brand A type of product made by a particular company under a particular name broadband Any type of high-speed wired or wireless communication Business ethics The contemporary standards or sets of values that govern the actions and behavior of individuals in the business organization and the actions of the business itself centralization The degree to which decision-making authority is concentrated at higher levels in an organization and business functions controlled in a central location centralized companies Companies with structures that limit decision-making to higher levels in the organizational hierarchy Chief Information Officers An executive with responsibility for managing all information resources in an organization collateral Something pledged as security for repayment of a loan to be forfeited in the event of a default collective environment Understanding that the environment not only belongs to everyone to enjoy but is also everyone's shared responsibility collectivist Focused on the good of the group or society over the individual colonialism The policy or practice of acquiring full or partial political control over another country to exploit it economically commodities A raw material or primary agricul