A | B |
Business Broker | Someone whose job is to bring buyers and sellers together |
Franchise | A legal agreement to begin a new business in the name of a recognized company. |
Franchisee | The Franchise gives this person the right to buy a process, product, or service; tarining and setting up the business |
Goodwill | Loyalty, sometimes called this is an extremely valuable asset |
B2B E-Commerce | Selling products and services to other businesses |
Click and Mortar Businesses | Operates both traditionally and online |
Global Economy | Interconnected economies of the world |
Exporting | The selling and shipping of goods to another country |
Importing | Buying or bringing in goods from other countries to sell in the U.S. |
Trade Barrier | A restriction on goods entering or leaving a country. |
Tarriff | A type of trade tax barrier |
Gross Domestic Product | Total value of all goods produced in 1 year. |