Match the following terms and descriptions.
1. Government regulation Workplace rules are established when firms compete for employees while individual compete for jobs
2. Independent employee representation Workplace rules are established by managers, sometimes in consultation with employees
3. Human resource management Workplace rules are established by employees or their representatives through democratic procedures
4. Worker control Employers and employees jointly determine workplace rules
5. Competitive labor markets Workplace rules are established by legislatures through statutes
1. 5
2. 3
3. 4
4. 2
5. 1
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If an American tourist in Tokyo pays more in dollars for the same amount of yen that she bought last week, then:
A) a Japanese tourist in San Francisco pays more in yen for the same amount of dollars that she bought the week before. B) the dollar has depreciated relative to the yen. C) the yen has depreciated relative to the dollar. D) the dollar has appreciated relative to the yen. E) the dollar and yen both remained same in value.
“All of those autonomous companies or strategic business units who actually perform operational and/or managerial activities in the business processes designed to produce a specific output for a particular customer or market” are ________.
Fill in the blank(s) with the appropriate word(s).
Satisfying customer orders is associated with which of the key supply chain processes?
a. Customer relationship management b. Demand management c. Order fulfillment d. Returns management
You obtain a loan of $3,000 to be repaid over one year. Assume you are charged 12% interest based on the add-on method. You monthly payments would be
A) $280. B) $300. C) $360. D) $270.