capitalist society, competition leads businesses to innovate and take risks.

Bisnis
baik krn memberi pilihan bagi customer. Bisnis adalah kegiatan mencari keuntungan dgn
cara menyediakan barang yg dibutuhkan konsumen. products that have both tangible and
intangible characteristics that provide satisfaction and benefi ts, bisa juga jasa atau ide.
nonprofit org adalah perusahaan yg tidak bertujuan menghasilkan untuk dalam berbisnis,
namun lebih mengutamakan amal. mereka menyediakan barang dan jasa untuk
menghasilkan uang amal. Bisnis need management skill to plan organize and control juga
membutuhkan ahli dalam periklanan untuk mengetahui barang yang diinginkan dan
dibutuhkan pasar, harga yg dijangkau, dan target distribusi produk. sesuai hukum dan
peraturan pemerintah, beradaptasi pada perkembangan ekonomi, teknologi, politik, dan
social, sesuai kode etik dan social manner.
Marketing untuk memuaskan customer, melakukan riset pasar ttg apa yg masy mau bisnis
hrs berjalan dimana dan kapan. Finance, owner menyediakan dana untuk perusahaan and
dare to lose, mengg uang secara efektif. Studying business can help you develop skills
and acquire knowledge to prepare for your future career, better understand the many
business activities that are necessary to provide satisfying goods and services, activities
help generate the profi ts that are essential not only to individual businesses and local
economies but also to the health of the global economy.
Modified capitalism because the government regulates business to preserve
competition and protect consumers and employees.
An entrepreneur is an individual who risks his or her wealth, time, and effort to develop
for profit an innovative product or way of doing something. War also can affect an
economy.
Gross domestic product (GDP)the sum of all goods and services produced in a country
during a year.
Economics is the study of how resources are distributed for the production of goodsand
services within a social system. natural resources. Human resources Financial resources,

Business ethics generally refers to the standards and principles used by society to defi
ne appropriate and inappropriate conduct in the workplace. been codifi ed as laws
prohibiting actions deemed unacceptable.
Research has shown that ethical behavior can not only enhance a companys reputation
but can also drive profi ts. businesses can monitor changes and trends in societys
values. business ethics as the principles and standards that determine acceptable
conduct in business organizations. determined by not only the organization but also
stakeholders such as customers, competitors, government regulators, interest groups,
and the public, as well as each individuals personal principles and values. Social
responsibility as a businesss obligation to maximize its positive impact and minimize its
negative impact on society. An ethical issue is an identifiable problem, situation, or
opportunity that requires a person to choose from among several actions that may be
evaluated as right or wrong, ethical or unethical. Misuse of Company Time gajibuta
pegawai. Abusive and Intimidating Behavior, Misuse of Company Resources.
Conflict of Interest
Fairness and honesty businesspersons are expected to follow all applicable laws and
regulations. But they are expected not to harm customers. Communication and business
relationship. Plagiarismtaking someone elses work and presenting it as your own.
Professional codes of ethics are formalized rules and standards
that describe what the company expects of its employees. Whistleblowing occurs when
an employee exposes an employers wrongdoing to outsiders, such as the media or
government regulatory agencies.
The Nature of Social Responsibility Relations with Owners and Stockholders,
Employee Relations. Consumer Relations. The activities that independent
individuals,groups, and organizations undertake to protect their rights as consumers are
known as consumerism. Sustainability (issues) as conducting activities in such a way as
to provide for the long-term well-being of the natural environment, including all
biological entities. Polusi. Community Relations.

International business refers to the buying, selling, and trading of goods and services
across national boundaries. absolute advantage, exists when a country is the only source
of an item, the only producer of an item, or the most effi cient producer of an item.
comparative advantage, which occurs when a country specializes in products that it can
supply more effi ciently or at a lower cost than it can produce other items.
outsourcing, or transferring manufacturing and other tasks to countries where labor and
supplies are less expensive. Exporting is the sale of goods and services to foreign
markets. Importing is the purchase of goods and services from foreign sources.
countertrade agreements, which involve bartering products for other products instead of
for currency. The difference between the flow of money into and out of a country is
called its balance of payments. Balance of trade, trade deficit. infrastructure, the physical
facilities that support its economic activities, such as railroads, highways. The ratio at
which one nations currency can be exchanged
for another nations currency is the exchange rate. Laws and Regulations. An import
tariff is a tax levied by a nation on goods imported into the country. Exchange controls
restrict the amount of currency that can be bought or sold. quota limits the number of
units of a particular product that can be imported into a country. An embargo prohibits
trade in a particular product. dumping, which occurs when a country or business sells
products at less than what it costs to produce them.
Political barrier: cartel, a group of firms or nations that agrees to act as a monopoly and
not compete with each other. Social cultural, technology barrier.

A trading company buys goods in one country and sells them to buyers in another
country. Licensing is a trade arrangement in which one company allows another
Company to use its company name, products, patents, brands, trademarks, raw
materials, and/or production processes in exchange for a fee or royalty. Franchising is a
form of licensing in which a company agrees to provide a franchisee the name, logo,
methods of operation, advertising, products, and other elements associated with the
franchisers business, in return for a financial commitment and standard operations.
Contract manufacturing occurs when a company hires a foreign company to produce a
specified volume of the firms product to specification; the final product carries the
domestic firms name. Offshoring is the relocation of a business process by a company,
or a subsidiary, to another country. joint venture by finding a local to share the costs and
operation of the business. strategic alliance is a partnership formed to create
competitive advantage on a worldwide basis. direct investment, the ownership of
overseas facilities. multinational corporation that operates on a worldwide scale, without
significant ties to any one nation or region. Multinational strategy, customizing their
products, promotion, and distribution according to cultural, technological, regional, and
national differences. Global strategy which involves standardizing products for the whole
world, as if it were a single entity.
Sole proprietorships, businesses owned and operated by one individual. partnership
as an association of two or more persons who carry on as co-owners of a business for
profit, general or limited partnership. A corporation is a legal entity, created by the
state, whose assets and liabilities are separate from its owners. Stock and dividen.
Private or public, IPO. Director or stock ownership. merger occurs when two companies
combine to form a new company. An acquisition occurs when one company purchases
most of its stock.
Entrepreneurship is the process of creating and managing a business to achieve desired
objectives. small business as any independently owned and operated business that is
not dominant in its competitive area and does not employ more than 500 people. Job
creation, innovation. Retailers acquire goods from producers or wholesalers and sell
them to consumers.