Page 715 - Introduction to Business
P. 715

SUBJECT INDEX    I-11


                  health, 153, 203–204, 507, 535   Internetworking, 617                company, 209
                  homeowner’s, 545                 Internetwork processors, 598        decline of, 212–213
                  liability, 152–153               Interviews, employment, 200         organizing employees and electing,
                  life, 506, 535–536               Intranet, 618                            209–210
                  property, 152, 536, 545          Intrapreneurs, 131                  in other countries, 213
                  renter’s, 545                    Intrinsic motivation, 230           representation elections in, 210
                  term, 506                        Introduction stage, product, 325    role of, 195
                 Insurance companies, 502, 506–507  Intrusion detection, 426         Lag demand strategy, 568, 569
                 Insurance premiums, 152           Invention, 130–131                Laissez-faire system, 7, 208
                 Interest                          Inventory                         Land, 19
                  compound, 448                      explanation of, 25, 559–560     Landrum Griffin Act, 212, 213
                  explanation of, 446                management of, 365–366          Lanham Trademark Act, 287
                  tax deductions on, 453–454         optimal level of, 577–579       Latin America, 74–75
                 Interest cost, 578                Investing activities, 415         Latin American Free Trade Association
                 Interest-rate risk, 464–465       Investment bankers, 459                (LAFTA), 74–75
                 Interest rates                    Investment companies, 509–510     Law of demand, 11. See also Demand
                  money supply and, 493            Investment grade, 455             Law of supply, 11–12. See also Supply
                  nominal, 447–448                 Investment management             Layout, 570–572
                  real, 446                          balancing returns and risks and, 461–465  Lead demand strategy, 568
                  riskless, 448                      careers in, 469                 Leadership
                  stated, 447                        ethics and, 460                   careers in, 263–264
                 Intermediate targets, 497           explanation of, 443               chaos theory and, 257
                 Intermittent flow, 566              investment choices and, 467–469   charismatic, 256
                 Internal auditing, 417              managing risk and, 465–467        consultative, 260
                 Internal controls                   personal, 538–540                 contingency approach to, 256–257,
                  computer contingency planning and,  role of, 459–461                      260–263
                       399–400                     Investment risk, 539                explanation of, 253–255
                  computer security of accounting informa-  Investments, 541–543       servant, 255
                       tion and, 398               Investors                           transactional, 255–256
                  explanation of, 395                accounting information for, 390–391  transformational, 256
                  feedback, 396                      explanation of, 21              Leadership styles
                  Foreign Corrupt Practices Act and, 397–398  institutional, 460–461   autocratic, 259–260
                  preventive, 395                                                      democratic, 260–261
                  role of auditor in, 396–397                                          explanation of, 257–258
                  structure of, 395                Japan, 63, 76, 247                  free-rein, 260–262
                  types of, 395–396                Job analysis, 197                 Lead users, 318
                 Internal control structure, 417   Job applications, 200             Learning, 279–280
                 Internal recruitment, 199         Job description, 197              Legacy systems, 619
                 Internal sources, 318             Job enlargement, 248              Legal issues/legislation
                 International business            Job enrichment, 248                 for corporations, 110–111
                  accounting standards for, 386–388  Job evaluations, 202              for e-business, 632
                  careers in, 85–87                Job process, 566                    for financial institutions, 485
                  channels of distribution and, 357  Job redesign, 248–249             for human resources management,
                  export-import, 77–78             Job rotation, 174, 248                   214–217
                  foreign currency translation and, 422–423  Job satisfaction          for marketing, 287
                  joint ventures and strategic alliances and,  job enrichment and, 248  privacy and, 427, 608, 633
                       79–80                         job redesign and, 248–249       Level strategy, 573-574
                  licensing and franchising and, 78–79  management by objective and, 244–245  Liabilities
                  logistics operations for, 366–368  participative management and employee  explanation of, 413
                  mergers and acquisitions and, 84–85    empowerment and, 246–247      managing maturity of, 458
                  multinational enterprises and, 80–85  teams and, 245–246             personal, 520–521
                  overview of, 76                  Job specialization, 173–174       Liability insurance, 152–153
                  subsidiaries and, 85             Job specification, 197            Licensing, 15, 78
                 International Financial Reporting Standards  Joint ventures, international, 79–80  Life insurance
                     (IFRS), 385, 387              Junk bonds, 455                     explanation of, 153, 203, 535
                 International joint ventures, 79–80  Just cause provisions, 211       types of, 506–507, 535–536
                 International markets                                               Life insurance companies, 506–507
                  explanation of, 283–284                                            Lifetime value (LTV), 291
                  products for, 314, 333           Keogh plans, 508, 509             Limited liability, 98, 144
                  strategies for, 296              Key accounts, 353                 Limited liability company (LLC), 145
                 International skills, 186         Kilobyte, 593                     Limited partners, 98
                 International Standards on Auditing (ISAs),  Knowledge-based pay, 203  Limit orders, 459, 481
                     388–390                       Knowledge workers, 8–9            Line authority, 179
                 International trade. See Trade; Trade policy                        Line process, 567
                 Internet. See also Websites; World Wide Web                         Liquidation risk, 482
                  advertising on, 344              L, 495                            Liquidity, 520
                  e-business and, 35–38            Labor, 6, 19–20                   Liquidity risk, 465
                  explanation of, 617              Labor arbitration, 211            Living standards, 58–59
                  globalization and, 38–39         Labor-management relations        Local area networks (LANs), 600
                  information for small business on, 134, 136  collective bargaining and, 210–212  Location, 569–570
                  origins of, 3                      decline of unions and, 212–213  Location decisions, 569–570
                  researching international business oppor-  historical background of, 208–210  Lock box system, 458
                       tunities using, 86            international, 213              Logistics
                 Internet payments, 490            Labor unions                        careers in, 370
                 Internet service provider (ISP), 617  collective bargaining and, 210–212  components of, 363


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