#s 69,78,77,76,83
#s 84,95,43,79,80
#s 81,40,90,91,31
#s 34,35,36,37,38
#s 50,30,29,28,45
100
Due to the high volume of travelers visiting the United Kingdom, the country has set up duty-free shops in highly visited areas. This is an example of which encouragement of international trade?
Free-trade zone
100
Jose installs automated systems that will assist customers with opening bank accounts. This is an example of what type of technology application?
Artificial intelligence
100
Alaska produces more salmon by the pound than any other state that exports salmon. This is an example of what type of ADVANTAGE?
Absolute
100
When customers sign up for online-subscriptions, they are informed on whether their information will be shared with other internal departments. This is an example of what type of concern for using technology?
Privacy
100
Which is an example of a company establishing supply?
Pamolive Detergent Company produces fewer products.
200
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
200
Overstock.com sells products to thousands of customers with few geographic limitations. This is an example of what type of technology application?
E-commerce
200
John denied a rival band from performing his song at a local concert. He is protected by which government service?
Intellectual property protection
200
Vera meets regularly to discuss with all her employees new marketing campaigns. This is an example of which style of leadership?
Democratic
200
India’s terrain allows for its major production of rice, cotton, and wheat. Which main factor of the international business environment is this information about India classified?
Geography
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
Eddie decided he would use real butter for his baked goods. Which economic question does this address?
How to produce?
300
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
300
Before arriving at meetings in other countries to negotiate contracts for a company located in the United States, Stacy learns about appropriate business behavior of the other countries. Which main factor of the international business environment is this information she learns classified?
Cultural influences
300
Which statement is true about balance of payment?
Balance of payments is favorable when a country receives more money into it than it pays out.
400
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
400
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
400
When a government agency reports annually the total amount spent to pay employees, this information is useful for which measurement of economic activities?
GDP
400
All of Josh's employees will be trained on operating the new machines. This is an example of which function of management?
Staffing
400
Goya Food Company survey results revealed that their customer base consists mostly of large families instead of individuals living alone. Which economic question does this address?
For whom to produce?
500
Sony produces thousands of electronics to serve international consumers. Which type of manufacturing procedure is performed?
Mass production
500
The Valero Company removes oil from the earth to be advanced. What type of production is performed?
Extraction and cultivation
500
An agency allots 3% of its $40,000 budget to sponsor workshops for managers about the importance of job safety. What amount of its budget is used for the workshops?
$1,200.00
500
Syria is banned from selling products within other countries. This is an example of which international trade barrier?
Embargoes
500
Several small businesses that sell organic foods have joined together to increase their chances to pay lower prices for inventory. This is an example of what type of business?
Cooperative