Goods and service one country buys from another country

Goods and services one country sells to another country

A tax placed on imported products to make them more expensive than domestic products

A ban on the import or export of a product

A contractual agreement to use the name and sell the goods or services of an existing company

Franchise

a business owned by only one person

Guidelines used in making consistent decisions

A diagram that shows the structure of an organization

A short, specific written statement of the reason a business exists and what it wants to achieve

Plans income and expenses from the beginning of a new business or a major business expansion until it becomes profitable

Costs of operating a business

Money that an individual or business receives in exchange for providing a good or service

The rise and fall of economic activity over time

A strict set of guideline in a profession or company for upholding ethical behavior in the workplace

Factories that pay poorly, have unsafe working conditions, and treat workers badly

The obligation to do what is best for the welfare of society

A federal law that enforces rules to protect the environment and control pollution

A government agency that protects consumers from dangerous or falsely advertised products

The accepted behaviors, customs, and values of a society or a system of learned, shared, unifying, and interrelated beliefs, values, and assumptions

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