AQA GCSE Business - U3.2.4

Products whose sales are sensitive to changes in consumers incomes.

How satisfied a consumer is with a product

Goods and services produced by a business in one country and sold in another.

Goods and services purchased from overseas customers in the domestic market

The trend for markets to expand to become worldwide in scope.

When a company sells increased quantities of its products.

A tax on foreign goods imported into a country.

Selling goods and services across national borders.

The act of buying or selling a product using an electronic system like the internet.

Whether a business decision is thought to be morally right or wrong. An ethical decision is made on the basis of what is judged to be morally right.