The Valero Company removes oil from the earth to be advanced. What type of production is performed?
100
Mass production
Hanes upgrades production routinely to produce thousands of items daily. Which type of manufacturing procedure will Hanes perform to keep up with production?
100
GDP
When a government agency reports annually the total amount spent to pay employees, this information is useful for which measurement of economic activities?
100
Materials processing
Goodyear uses rubber to produce tires for cars, SUV’s, and trucks. Which type of manufacturing procedure is performed?
100
Consumer spending
Department stores report monthly to the state commerce office its total sales of goods and services. This information would be useful for which measurement of economic activities?
200
Absolute
Alaska produces more salmon by the pound than any other state that exports salmon. This is an example of what type of ADVANTAGE
200
World Trade Organization
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?
200
GDP
If an economist researches annually the total value of homes built, this information would be useful for which measurement of economic activities?
200
Extraction and cultivation
Jay sells basil plants grown in his garden to several local restaurants. What type of production is performed?
200
Employees are needed for manufacturing a new product.
Which is an example of production planning for personnel?
300
Mass production
Sony produces thousands of electronics to serve international consumers. Which type of manufacturing procedure is performed?
300
Organizing
Jan coordinated access to open source software, office space, and equipment for her team. This is an example of which function of management?
300
Workplace diversity
Several sales representatives suggested that their staff reflect their customer base, which includes customers all over America. Which social responsibility are they addressing?
300
Comparative
United States has become globally known for its production of wheat more resourcefully. It can produce the product with less human resources. This is an example of what type of ADVANTAGE?
300
Robotics
Revlon, Inc. use tow mowers that will automatically pick up pallets from the assembly lines and move them to the warehouse. This is an example of what type of technology application?
400
Artificial intelligence
Jose installs automated systems that will assist customers with opening bank accounts. This is an example of what type of technology application?
400
Materials processing
Nabisco prepares tons of oats to be used for producing granola bars. Which type of manufacturing procedure is performed?
400
Strategic
Keisha allowed her employees to plan the expansion project. This is an example of which style of management?
400
Economic conditions
If China has rising interest rates and inflation occurring across the country, this is an example of which factor that influences international currency exchange?
400
Free-trade agreement
The North American Free Trade Association (NAFTA) eliminates tariffs and embargoes among its members while trading goods and services. This is an example of which encouragement of international trade?
500
Job safety
The Dow Chemical Company provides all employees natural fitting equipment to eliminate injuries. Which social responsibility is this company addressing?
500
Common markets
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?
500
E-commerce
Overstock.com sells products to thousands of customers with few geographic limitations. This is an example of what type of technology application?
500
Ease of formation
Tami opened an auto body shop after repairing a couple of cars to the high satisfaction of customers. She has experienced which ADVANTAGE over a corporation?
500
Intellectual property protection
Java’s trademark of letters and design receives which government service?