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?
What is Consumer Spending
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?
What is Free-Trade Zone
100
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?
What is political and legal concerns
100
A manufacturing company partnered with Rex Hospital to provide workshops about moving more at work. Which social responsibility did the company address?
What is Employee Wellness
100
ABC Corporation is attempting to buy out its only competitor but a lawsuit has been filed declaring that the transaction may lead to a monopoly. Which consumer right might the corporation be violating?
What is right to choose
200
Eddie decided he would use real butter for his baked goods. Which economic question does this address?
What is How to produce?
200
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?
What is Free-Trade Agreement
200
An organization assisted two countries on settling a trade disagreement on the amount of bananas to be traded. This action is an example of assistance provided by which international trade organization?
What is World Trade Organizations
200
A company spent $8,000 of its $97,000 workplace wellness budget on pedometers. What percent of its budget was used?
What is 8%
200
Goodyear uses rubber to produce tires for cars, SUV's, and trucks. Which type of manufacturing procedure is performed?
What is materials processing
300
Alaska produces more salmon by the pound than any other state that exports salmon. This is an example of what type of ADVANTAGE?
What is Absolute
300
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?
What is Human
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?
What is prosperity
300
Tami prefers working alone in her auto body shop and being in control of the daily activities. This type of business ownership ADVANTAGE over corporation is:
What is control of decisions
300
Jose installs automated systems that will assist customers with opening bank accounts. This is an example of what type of technology application?
What is artificial intelligence
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?
What is Absolute
400
While conducting business in Japan, Shari adjusted her gift-giving practices to accommodate her Japanese business-partners. Which main factor of the international business environment did Shari consider?
What is Cultural Influences
400
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?
What is Management Information System
400
Vera meets regularly to discuss with all her employees new marketing campaigns. This is an example of which style of leadership?
What is democratic
400
A sales associate discourages customers from reporting complaints regularly. Which right of the consumer bill of rights is the associate possibly violating?
What is right to be heard
500
When a government agency reports annually the total amount spent to pay employees, this information is useful for which measurement of economic activities?
What is GDP
500
If China has rising interest rates and inflation occurring across the country, this is an example of which factor that influences international currency exchange?
What is Economic Conditions
500
Smart Tech Hardware Co. buys materials such as wood, plastic, and fabric in order to create office furniture to be sold worldwide. What type of production is performed?
What is Manufacturing
500
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?
What is Employment Trends
500
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?