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The value of one currency for the purpose of conversion to another.

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When prices of products increase but wages stay the same.

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Something going out of a country.

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1)To offer a wider range of goods and services to support the original product
2)To attract new consumers by aiming at a different target market

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A business that continues to do okay during tough times

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Is a short term goal.
1)Sell 100 products
2)Make £600 in profit

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Is a long term goal.
1)Become international
2)Become Multinational

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Something that comes into a country

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1)Original owners lose control and ownership of the business
2)

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1)Potential Abuse of Workers
2)Threat to Local Businesses

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A business that has facilities and other assets in at least one country other than its home country.
1)Can enter new markets
2)Cheaper Labour

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Often a small business such as an independent retailer in a market town.
1)raising share capital from existing and new investors
2)Liquidity

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1)Environmental degradation
2)Unfair working conditions
3)Fall in employment growth rate
4)Rapid spread of deadly diseases

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When a business grows with outsider influence.
1)Mergers
2)Hostile takeovers

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When a business growths without outsider influence.
1)Developing new product ranges
2)Launching existing products directly into new international markets
3)Opening new business locations
4)Investing in additional production capacity

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When a business increases in size.

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The range of items sold by a business.

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One company buys out another company.

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A business carries out market research to make changes to and existing products

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1)Business can stoke a wider range of products
2)Business can make their own products more cheaply if purchased domestically
3)Being able to export goods abroad provides domestic businesses with a wider target market
4)Businesses can have a better chance of making more sales
5)Business is recognized and well known

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Is when businesses operate on an international scale and gain international influence on power.

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1)Traffic Congestion
2)Pollution(air, noise, water)
3)Recycling

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Is the area the business is located.

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You can trade 24/7 across the world and you will have access to a global market place.

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1)Treat employees fairly
2)Treat suppliers fairly
3)Ethically sourcing of materials
4)Caring for the community
5)Caring for the Consumers fairly
6)Meeting government requirements

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Is the moral standards that guide people's actions.

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1)Boycott
2)Social Media Campaigns
3)Viral Marketing
4)Public Protests
5)Online Petitions
6)Media Campaigns
7)Lobbying

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An organised group that seeks to influence government policy, legislation and business behavior.