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Enterprise FM 3-4
Frameworks 3 and 4
| Term | Definition |
|---|---|
| E-commerce | selling products or serices over the Internet |
| Business ethics | principles of right and wrong in the workplace |
| Code of ethics | the level of ethical behavior demanded by the individual, business or culture |
| Copyright | the legal right to a apublication, production, sale, piece of literacy or art |
| Ethics | the study of moral choices and values |
| Patent | legal document that gives an inventor the sole right to produce, use and sell an invention |
| Trademark | a name, symbol or special mark to identify a certain business |
| Electronic mail | used to send and receive electronic messages all over the world |
| Hardware | computers and the equipment used with them |
| Internet Service Provider (ISP) | a company that provides access to the Internet |
| Software | programs that control computers hadware and operation |
| Web page | a file accesible throught World Wide Web that greets visitors and provides information |
| Culture | the set of customs and beliefs and social attitudes that characterize a group of people |
| Exports | products that are sent to another country to be sold |
| Imports | products that are brought in from another country to be sold |
| Marketing expansion | increasing market share for a product or service in a given market in a given area |
| Product life cycle | the business cycle determined by changes in the type of competition faced by a produced: introduction, growth, maturity and decline |
| Quota | a limit on the amount of a product that can be importedinto a country over a period of time |
| Tariff | a tax on imports |
| Trade barriers | methods for keeping foreign businesses from competing with domestics producers |