T6 Flashcards
(7 cards)
How can hr help a business save money
improving worker
productivity
• laying off workers
to reduce the wage bill.
How can finance help save money
• taking out
cheaper loans • reducing its
overdraft.
How can marketing increase revenue
increasing
advertising • producing a
cheaper product • lowering prices.
Explain global movement of people
Businesses may recruit workers from other countries and send workers to work abroad.
Explain Global movement of capital
Businesses may raise investment money from other countries by borrowing money and selling shares.
Explain global production
Businesses may produce all or part of a product in different countries
Explain Global buying and selling
Businesses buy and sell goods and services from and to each other,