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BUSINESS ECONOMICS - Coggle Diagram

- - - - Home Trade
        
        Concerns the exchanges of goods and services with in single country
      - International Trade
        
        Is involved in the exchange of goods and services on a global scale
      - Visible Trade
        
        Specifically concerns the exchange of material goods between countries
      - Invisible Trade
        
        Involves the international exchange of intangible goods and services rather than physical products
  - - - Neccesary for survival such as drinking and eating
    - - that do not serve us for survival are desires
  - - - It's Positive
        
        If I sell more than I produce
      - It's Negative
        
        If I sell less than I produce
  - - - Taxes on imported goods
    - - Quantitative limits on imports
    - - Financing for national companies
    - - Technical regulations that hinder imports
- - - - Can be quoted on the stock exchange and can freely sell shares to the pubblic
      - are more cmplex to set up and to manage since they are usually very large
    - - Are a type of privately held small business entity
      - They can sell shares privately to people but cannot be quoted on the stock exchange
      - Shares can be sold only by agreement with the other shareholders
- - - - Who establishe the brand's trademark
    - - Who pays a royalty and often and initial fee fpr the right to do business under the franchisor name and system
- - - - All parteners are involved in the managing of the business a
    - - not all partners take an active role in running the business
    - - Is liable for losses while the other partners
      - Are liable only for the money they invest
  - - - Fewer legal obligations
      - Better decision-making
      - Ownership and control are shared
      - the more partners there may be available to invest into the business
    - - Has no indipendent legal existence district
      - Unlimited liability for at least one partners
      - Slower and more difficult decision making
      - Profits must be shared
      - May be potential conflicts among the partner
- - - - Includes business organisations involved with the production on the extraction of raw materials from natural sources
    - - The Manufacturing and costruction industries which use products of the primary sector and process them make finish products
    - - Business organisations involved in providing services to the pubblic
    - - Provides know-how to business through information and communication and research