Match the Term with Its Definition

question 60

Essay

Match the term with its definition.Some terms may not be used
a.Born-global businesses
b.Cross-border acquisition
c.Exporting
d.Globalisation
e.Greenfield venture
f.Importing
g.Offshoring
h.Trade intermediary
i.Trade mission
-A trip organised to help small business owners meet with potential foreign buyers and establish strategic alliances in an international market.

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Definitions:

Invoice Price

The price indicated on an invoice, representing the amount to be paid by the buyer to the seller.

Perpetual Inventory System

A perpetual inventory system is a method of accounting for inventory that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.

Perpetual Inventory System

An inventory accounting system where updates are made continuously as transactions occur, reflecting the real-time quantity of inventory on hand.

Cost Of Goods Sold

Costs pertaining directly to the crafting of goods a business sells, covering both labor and material expenses.