Geb 3375 ucf - Study guides, Class notes & Summaries

Licensing: - Answer-An arrangement in which the owner of intellectual property grants another firm the right to use that property for a specified period of time in exchange for royalties or other compensation. Royalty - Answer-Lump sum, a "running royalty" based on the volume of products produced from the know-how, or a combination of both. Intellectual Property Rights - Answer-The legal claim through which other parties protect the proprietary assets of firms or individual from unauthori...

GEB 3375 Exam 1 UCF LATEST UPDATE GRADED A+ Globalization of markets refers to the interconnectedness of national economies and the growing interdependence of buyers, producers, suppliers, and governments around the world Role of Technology in Globalization technology offers products/services worldwide, communication finding information, the world has become a "small place" Examples of Technology's Role in Globalization -shorter flight times -declining cost of global communicat...

____________ is a means of adjusting the exchange rates for two currencies so the currencies have equivalent purchasing power. A. purchasing power parity B. purchasing power exchanging C. purchasing power equality D. parity of purchasing power - Answer-A _____________ only measures the market value of goods and services produced within a nation. A. GNI B. GDP C. GPS D. GEB - Answer-B _____________ refers to the process that determines how a company should be organized to ensure its w...

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% of Florida exporters that are small and medium sized enterprises - Answer-95% 2013 largest markets for american exports - Answer-about 1/2 went to other nations in North America Acculturation - Answer-the process of adjusting and adapting to a culture other than one's own; commonly experienced by expatriate workers Approximate number of Florida companies exporting - Answer-61,000 Arguments against globalization - Answer-1. it has produced uneven results across nations and people 2. dele...

Globalization of markets - Answer-refers to the interconnectedness of national economies and the growing interdependence of buyers, producers, suppliers, and governments around the world Role of Technology in Globalization - Answer-technology offers products/services worldwide, communication finding information, the world has become a "small place" Examples of Technology's Role in Globalization - Answer--shorter flight times -declining cost of global communication -growing # of internet...

What is *market screening*? - A modified version of environmental scanning in which the firm identifies desirable markets by eliminating the less desirable ones. What is the *Basic Needs Potential*? - A modified version of environmental scanning in which the firm identifies desirable markets by eliminating the less desirable ones. An example of *basic needs potential*? - The basic need potential of some goods is dependent on various physical forces, such as climate, topography, and natural ...

____________ is a collective programming of the mind that distinguishes the members of one group or category of people from another - Answer-Culture ____________ viewed precious metals like gold and silver as the only source of wealth, and their accumulation as essential to a nation's welfare - Answer-Mercantilism ______________ is a process where a company exports a product at a price lower than the price it normally charges in its own home market - Answer-Dumping ______________ US jobs ...