Mary owns stock for several companies, which she plans to pass ownership to her grandchildren. She chose this form of ownership over sole proprietorship because of the ADVANTAGE of:
100
Extraction and cultivation
The Valero Company removes oil from the earth to be advanced. What type of production is performed?
100
Managing performance of employees
Timmy regularly meets with employees to prepare them for job evaluation conferences. Which human resources manager activity is he performing?
100
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?
100
Limited liability
Todd prefers business ownership that will not require his attention to daily activities. He chose this form of ownership over sole proprietorship because of the ADVANTAGE of the owners?
200
Franchise
Since Jane’s corporation has become so popular, she has decided to allow other businesses to sell her products. This is an example of what type of business?
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
Embargoes
Cuba bans American products to be sold within its country. This is an example of which international trade barrier?
200
GDP
When a government agency reports annually the total amount spent to pay employees, this information is useful for which measurement of economic activities?
300
Monitor performance continuously
A production manager determined that the buffer made the finish of cars appear to be dull. Which continuous process improvement did he perform?
300
Mixed
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?
300
Economic development
Laos has limited infrastructure that will hinder international businesses to conduct transactions in it. This country depends heavily on the agricultural industry. Which main factor of the international business environment is this information about this country classified?
300
GDP
If an economist researches annually the total value of homes built, this information would be useful for which measurement of economic activities?
300
Political and legal concerns
The government of the United States allows consumers to make decisions about goods and services consumed. Which main factor of the international business environment is this information about this country classified?
400
Partnership
Carlos ignores minor decisions in his business even though his name is on the sign as one of the owners. This is an example of what type of business ownership?
400
Mass production
Sony produces thousands of electronics to serve international consumers. Which type of manufacturing procedure is performed?
400
E-commerce
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?
400
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?
400
Human
Companies located in the Research Triangle Park reported that they have hired many graduates who have earned technology degrees from the local community college. Which resource will the graduates provide for the companies?
500
Studying new functions for a detergent
Which is an example of product development?
500
Artificial intelligence
Jose installs automated systems that will assist customers with opening bank accounts. This is an example of what type of technology application?
500
Environmental protection
A plant implemented acceptable practices to minimize noise, waste water, and pollutant emissions. Which social responsibility is this plant addressing?
500
Strategic
Keisha allowed her employees to plan the expansion project. This is an example of which style of management?
500
Labor activities
A cosmetic company purchased an automatic wrapping machine that wraps a pallet of boxes in 30 seconds. To complete the same task manually, it would take an employee almost 3 minutes. This information would be useful for which measurement of economic activities?