The risks of doing business are most likely to be the highest in a country that:
A. has low inflation rates.
B. supports high living standards.
C. has only one ethnic nationality.
D. protects intellectual property.
E. faces frequent changes in government and government policy.
E
Social unrest can result in abrupt changes in government and government policy or, in some cases, in protracted civil strife. Such strife tends to have negative economic implications for the profit goals of business enterprises.
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In the United States, job growth currently is the weakest for ________
A) white collar workers B) manufacturing workers C) salespeople D) telecommuters E) professional workers
There are products or services that can be either sold in a basic form or be processed further
Indicate whether the statement is true or false
In the service-profit chain, customer satisfaction leads to customer loyalty, and results in ________.
A. changes in the organizational structure B. competitive retaliation based on service strategy C. revenue growth and profitability D. external service value E. competitive intelligence for future growth
Which of the following shows the correct sequence of the stages of a product life cycle?
a. growth, maturity, introduction, decline b. introduction, growth, maturity, decline c. introduction, maturity, growth, decline d. growth, introduction, maturity, decline