Front

Refers to business transactions crossing national borders at any stage of the transaction.

Back

International Business

Front

The growing economic interdependence of countries worldwide.

Back

Globalization

Front

A business model that describes the full range of activities needed to create a product or service.

Back

Value Chain

Front

The widespread adoption and use of a particular technology.

Back

Technology Diffusion

Front

Farming that produces only enough food to feed the family or workers.

Back

Subsistence Farming

Front

Farming that produces enough food for the masses; farming for profit.

Back

Commercial Farming

Front

Refers to less populated areas found outside a city.

Back

Rural

Front

Refers to highly populated areas with industries.

Back

Urban

Front

The philosophy that emphasizes laissez-faire and minimal government intervention.

Back

Capitalism

Front

The philosophy where government controls economic growth and development.

Back

Communism