Answer the following statement(s) true (T) or false (F)
1. Over the next ten years the average business firm will become smaller than today’s enterprise and employ fewer people.
2. The world is so interconnected in terms of telecommunications, markets, and business transactions that understanding how business is conducted will remain a top priority.
3. Even a devastating terrorist act or wars cannot stop business transactions from occurring.
4. The world’s largest, most powerful, and most influential economy is the Chinese economy.
5. Daily newspapers, television programs, movies, books, and trade publications bombard the public with business data, information, and stories, These bits and pieces of information are readily and coherently organized and are very easy to interpret.
1. TRUE
2. TRUE
3. TRUE
4. FALSE
5. FALSE
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Which of the following is a measure for discouraging theft for a retail store that accepts cash receipts over the counter?
A) A receipt is issued for each transaction to ensure that each sale is recorded. B) At the end of the day, the sales clerk proves the cash by comparing the cash in the drawer against the machine's record of cash sales. C) The sales clerk uses the machine tape to record the journal entry for cash receipts and sales revenue. D) The store clerk deposits the cash in the bank.
In evaluating alternative courses of action, a manager should select the alternative that provides the highest incremental benefit to the company
Indicate whether the statement is true or false
List the four properties of linear programming models and provide an example of a violation of each
What will be an ideal response?
Which of the following consists of focussing on a range of activities to attract, develop and retain employees? (Tansley 2007)
a. Recruitment and Selection strategy b. Talent Management Strategy c. Resourcing Strategy d. Management Development Strategy