Which of the following differs from other international trade alliances in its commitment to facilitating business and its practice of allowing the business/private sector to participate in a wide range of its activities?

A. NAFTA
B. MERCOSUR
C. APEC
D. OPEC
E. The Common Market


Answer: C

Business

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Under the ________ test, if the agent committed an intentional tort to promote the principal's business, the principal is liable for any injury caused by the tort

A) work-related B) motivation C) promotional D) dual agency

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The management scientist entered a trance-like state as he formulated his model. This state was interrupted by an integer-hating colleague,

who insisted that the model should be run as a linear program rather than integer program. The management scientist sighed, relaxed the integer constraint, and ran the model, obtaining the following answer report. Provide a full interpretation and plan for action. Variable Cells Cell Name Original Value Final Value Integer $G$4 wood floors Contractor? 0 0 Contin $H$4 wood floors Landlord? 0 1 Contin $G$5 kitchen tile Contractor? 0 0.833 Contin $H$5 kitchen tile Landlord? 0 0.167 Contin $G$6 back door Contractor? 0 0.000 Contin $H$6 back door Landlord? 0 0 Contin $G$7 garage door opener Contractor? 0 1 Contin $H$7 garage door opener Landlord? 0 0 Contin Constraints Cell Name Cell Value Formula Status Slack $B$12 Total Time Weeks Contractor 4 $B$12<=$B$13 Binding 0 $E$10 Total Cost Contractor Price $3,000 $E$10<=$E$11 Binding 0 $I$4 wood floors Included? 1 $I$4<=$J$4 Binding 0 $I$5 kitchen tile Included? 1 $I$5<=$J$5 Binding 0 $I$6 back door Included? 2.78E-16 $I$6<=$J$6 Not Binding 1 $I$7 garage door opener Included? 1 $I$7<=$J$7 Binding 0

Business

The StrengthsFinder approach is well-known from which organization?

a. General Electric b. General Motors c. Gallup d. Deloitte

Business

The common-size income statement expresses every item on the income statement as a percentage of sales

Indicate whether the statement is true or false.

Business