Match the Term with Its Definition

question 18

Essay

Match the term with its definition.Some terms may not be used.
a.Bill of lading
b.Born-global firms
c.Counterfeit activity
d.Economic risk
e.Economies of scale
f.Exchange rate
g.Letter of credit
h.Offshoring
i.Political risk
j.Royalties
-Efficiencies that result from expansion of production

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Definitions:

Corporate Form of Organization

A legal structure for a business recognized as a separate legal entity, with owners (shareholders) who have limited liability.

Government Regulation

The laws, rules, and guidelines established by governmental bodies intended to control or manage specific activities or industries.

Legal Entity

An organization that has legal rights and obligations, including the ability to enter into contracts, sue, and be sued; can be a corporation, partnership, individual, or any other formal entity.

Authorized Shares

The maximum number of shares that a corporation is legally permitted to issue, as specified in its articles of incorporation.