| A | B |
|---|
| demand | number of similar products to be bought at a given time and price |
| domestic goods | products made by firms in U.S. |
| downsize | cutting back on goods and services shrinking size of firm and employees |
| effectiveness | right decisions made for what products or services to offer |
| efficiency | producing goods or services quickly at a low cost |
| empowerment | let workers decide how to perform work and offer ideas in that process |
| finance | money matters relating to a business |
| foreign goods | products made by firms in other countries |
| global competition | profit-making organizations competing with businesses in other countries |
| gross domestic product | one country's total market value of goods and services for one year |
| innovation | something that is entirely new |
| output | quantity produced within a given time |
| marketing | buying and selling of goods and services between business and customers |
| production | making a product or providing a service |
| productivity | largest quantity made in the least time using efficiency and modern equipment |
| supply | number of similar products offered for sale at a given time and price |
| underground economy | income that escapes being recorded in the GDP |
