The use of licensing to enter international markets has increased significantly in recent years due to several factors, including more regulation and rising research and development costs.

Answer the following statement true (T) or false (F)


True

The use of licensing to enter international markets has increased significantly in recent years due to several factors, including more regulation, rising research and development (R&D) costs, and shortened product life cycles.

Business

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The argument that a change in policy systematically alters the structure of econometric models is known as the

A. Keynesian cross. B. cross-equation restriction. C. Lucas critique. D. endogeneity principle.

Business

You have recently been made a department head of the new regional office. In getting to know your departmental staff, you have noticed that one of your inexperienced employees is not following through on assigned tasks. She is enthused about her new job and wants to get ahead in the organization. Which alternative represents the most effective leadership style?

A. discuss the lack of follow-through with her and explore possible ways to solve this problem B. specify what she must do to complete the tasks, but incorporate any suggestions she may have C. define the steps necessary to complete the assigned tasks and monitor her performance frequently D. let her know about the lack of follow-through and give her more time to improve her performance

Business

Harlyn paints portraits by commission. Each customer who calls her wants a unique work of art and has specific demands regarding the painting. Harlyn completes all of the paintings in her studio, either while the subject poses or from photographs she takes before she begins. The type of operation system Harlyn is using is ______.

a. continuous process operations b. individual process operations c. batch process operations d. repetitive process operations

Business

Concern with introversion vs. extroversion is associated with ______________ fit.

A. ability-job B. personality-job C. person-organization D. personality-ability E. interest-organization

Business