Business Theme 4

• FDI


  When businesses purchase an asset in a foreign country.
• Common market


  Type of trade bloc where members have completely free trade internally - e.g.EU
• Trade Blocs


  Countries that join together to reduce the trade barriers that exist among them.
• What occurs within an emerging economy?

  Increasing average incomes, increased spending power, Increased domestic goods purchases, Improved FDI
• Internal stakeholders


  Has direct interest in the business' survival and well-being e.g. owners, employees, managers and directors.
• What do suppliers look for from a business?

  Frequent and regular orders, prompt payment, growth of the firm - leading to more orders.
• What does the community look for from a business?

  Employment prospects, ethical behaviour, acceptance of social responsibility.
• What do customers look for in a business?

  Value for money, good service, accurate information, regular supply.
• What do creditors look for from a business?

  Prompt payment, compliance with laws and regulations, payment of taxes, efficient use of resources.
• What do employees look for in a business?

  Job security, fair pay, safe working conditions, fair treatment, promotion prospects.
• What do shareholders look for in a business?

  High dividends, long term growth, a say in the business, a positive corporate image.