In a hypothetical economy, only 40 people were included and 15 pizzas were produced last year at $7 dollars each. This information would be useful for which measurement of economic activities?
GDP per capita
100
Century Company sells filters to Shure Electronics that cut the filters in order for them to be placed into microphones during final production at a later time. What type of production is performed?
Processing
100
The Valero Company removes oil from the earth to be advanced. What type of production is performed?
Extraction and cultivation
100
The Dow Chemical Company provides all employees natural fitting equipment to eliminate injuries. Which social responsibility is this company addressing?
Job safety
100
Several Prime Ministers of East African countries are negotiating the trade of products and services throughout the Eastern region. This is an example of which encouragement of international trade?
Common markets
200
Jim solicited feedback from Jack, who is one of his employees, about a new display case. This is an example of which style of management?
Strategic
200
Sheetz Convenience Stores have a touchscreen ordering system that helps customers with ordering food and beverages. This is an example of what type of technology application?
Expert systems
200
Alaska produces more salmon by the pound than any other state that exports salmon. This is an example of what type of ADVANTAGE?
Absolute
200
Hanes upgrades production routinely to produce thousands of items daily. Which type of manufacturing procedure will Hanes perform to keep up with production?
Mass production
200
Using the Internet and online communication, Shari presented a new product to potential customers in Peru, Costa Rica, and New York. This is an example of what type of technology application?
E-commerce
300
A report covering several quarters about the economy includes that more companies are experiencing record high production and adding new employees. Also, wages and the rate of GDP are increasing significantly. Which phase of the business cycle does this report describe?
Prosperity
300
Stacy signed a document agreeing to pay $3,000 to have a stereo system installed. The manager of the company disputed the agreed amount. Stacy may need which type of protection?
Contract enforcement
300
Jason decided for long-term projects that he would allow employees to give input and for daily routines he would determine the necessary duties. This is an example of which style of management?
Mixed
300
An organization assisted two countries on settling a trade disagreement on tariffs. This action is an example of assistance provided by which international trade organization?
World Trade Organization
300
During the renovation of the office building, Harry made sure that the call buttons located in the hallways were 42 inches above the floor for easier access. Which protection is Harry addressing?
Safe work environment
400
Lena trained several employees on how to process financial statements using the new software. These employees use to process reports manually for almost seven years. This is an example of what type of concern for using technology?
Employment trends
400
Aruba has become globally known for its white sandy beaches. It is relied upon by many travelers from other countries to enjoy its beaches at a reasonable cost. This is an example of what type of ADVANTAGE?
Absolute
400
Sony produces thousands of electronics to serve international consumers. Which type of manufacturing procedure is performed?
Mass production
400
Jan coordinated access to open source software, office space, and equipment for her team. This is an example of which function of management?
Organizing
400
John renovated his restaurant to reflect the retro style of 1950. This is an example of which type of business operation?
Facilities management
500
Cheng processed reports on his computer that will allow his manager to make decisions about the amount of brake pads and oil to order from the warehouse. This is an example of what type of technology application?
Management information system
500
Widgets Unlimited Company examined several options of additional benefits to offer its employees. The company has decided to offer health care insurance. Which part of the economic decision-making process has it performed?
Choosing one choice
500
Jose installs automated systems that will assist customers with opening bank accounts. This is an example of what type of technology application?
Artificial intelligence
500
Nabisco prepares tons of oats to be used for producing granola bars. Which type of manufacturing procedure is performed?
Materials processing
500
Taz prefers buying products from Sears using his computer, since the nearest brick and mortar store is over 100 miles from his home. This is an example of what type of technology application?