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MIE 201 Exam 1 Questions With Solutions 100% Solved $11.49   Add to cart

Exam (elaborations)

MIE 201 Exam 1 Questions With Solutions 100% Solved

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  • Course
  • MIE 201
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  • MIE 201

MIE 201 Exam 1 Questions With Solutions 100% Solved open economy an economy in which economic activities occur between the country and international community big data large volumes of structured and unstructured data that are transmitted at very fast speeds blockchain record-keeping techn...

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  • October 7, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MIE 201
  • MIE 201
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UpperClass
MIE 201 Exam 1 Questions With Solutions
100% Solved

open economy an economy in which economic activities occur between the country and

international community




big data large volumes of structured and unstructured data that are transmitted at very fast

speeds




blockchain record-keeping technology that stores linked blocks of ordered transactions

over time




economics the study of how resources are distributed for the production of goods and

services within a social system




corporate citizenship the extent to which businesses meet legal, ethical, economic, and

voluntary standards placed on them by stakeholders




consumerism the activities that independent individuals, groups and organizations

undertake to protect their rights as consumers

, MIE 201 Exam 1 Questions With Solutions
100% Solved

social responsibility a business's obligation to maximize its positive impact and minimize

its negative impact on society




outsourcing the transferring of manufacturing or other tasks to countries where labor and

supplies are less expensive




balance of payments the difference between the flow of money into and out of a country




infrastructure the basic physical and organizational structures and facilities needed for the

operation of a society or enterprise




exchange controls regulations that restrict the amount of currency that can be bought or

sold




quota a restriction on the number of units of a particular product that can be imported into

a country

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