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3.05 Key Terms
Angelica
| Term | Definition |
|---|---|
| Baby Boomer Generation | The generation can be segmented into two broadly defined cohorts: the Leading-Edge Baby Boomers are individuals born between 1946 and 1955, those who came of age during the Vietnam War era. |
| Commute | Travel some distance between one's home and place of work on a regular basis. |
| Conference Call | A telephone call by which a caller can speak with several people at the same time. |
| Dual Income | A household in which there are two incomes. |
| Economic Conditions | The state of the economy in a country or region, change over time in line with the economic and business cycle, as an economy goes through expansion and contraction. |
| Embargo | An official ban on trade or other commercial activity with a particular country. |
| Employment Trends | Show whether employment in a particular area has risen or declined in the stated years. |
| Globalization | A process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. |
| Implication | The conclusion that can be drawn from something, although it is not explicitly stated; the action or state of being involved in something. |
| Infer | Deduce or conclude (information) from evidence and reasoning rather than from explicit statements. |
| Manufacturing | Make (something) on a large scale using machinery. |
| Societal Changes | Social change, refers to any significant alteration over time in behavior patterns and cultural values and norms. |
| Societal Needs | To a large degree reflected in industrial needs (for innovation, improved standards, low cost production methods, knowledge about the human body, better access to data and academic knowledge). |
| Tariff | A tax or duty to be paid on a particular class of imports or exports. |
| Telecommuting | Work from home, making use of the Internet, e-mail, and the telephone. |
| Trends | A general direction in which something is developing or changing. |
| Video/Voice Conferencing | Means to conduct a conference between two or more participants at different sites by using computer networks to transmit audio and video data. |
| Webinar | A seminar conducted over the Internet. |
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