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| the shift toward a more interdependent and integrated global economy |
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| consists of analysis, decisions, and actions an organization takes in order to sustain competitive advantage |
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| the process of deciding what to do |
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| The process of performing all the activities necessary to do what has been planned |
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| the process by which individuals pursue opportunities without regard to resources they currently control. The art of turning an idea into a business. |
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| a person who in gages in Entrepreneurship |
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| A form of Entrepreneurship that takes place inside a business that is already in existence |
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| A technique you use to identify and assess the importance of key people. |
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| Refers to buying goods and services from foreign sources and bringing them back into the home country |
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| The sale of products and services in foreign countries that are made in the home country |
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| Foreign Direct Investment (FDI) |
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| a firm is investing assets directly into a foreign countries buildings, equipment, nd organizations |
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| Include better access to raw materials, less costly labor, key suppliers, key customers, energy, and natural resources |
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| Quandary people find themselves in when they have to decide if they should act in a way that might help or hurt another persons interests |
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| the inner guiding moral principles, values, and beliefs that people use to analyze or interpret a situation |
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| The political Philosophy that people should be free to pursue economic and political endeavors |
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| an economic system in which the means of production and distribution are privately or corporately owned |
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| the political philosophy that views the needs or goals of society as a whole |
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| a system of gov't in which the state plans and controls the economy |
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