The Dodd-Frank Wall Street Reform and Consumer Protection Act require companies to disclose whether any tin, tantalum, tungsten or gold in their supply chain is connected to violent militia groups in the Congo or nine surrounding countries, including Angola, Rwanda, and Sudan. This is an example of which segment of the general environment?

A. sociocultural
B. political and legal
C. demographic
D. economic


Answer: B

Business

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Suppose the money demand function is  MD = P× [(0.25 ×Y) ? (100 ×i)],where Y is expressed in billions of dollars and i is expressed in percentage points. If P = 2, Y = 5,000, and i = 5, then the nominal quantity of money demanded equals

A. 750. B. 1,000. C. 1,500. D. 2,000.

Business

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

1. Harvard Business School professor Michael Porter is a leading authority on competitive strategy.  2. Strategic conservation attempts to achieve sustainable competitive advantage by preserving what is distinctive about a company.  3. Strategic positioning can be achieved by performing similar activities to rivals, but in different ways.  4. A strategic position may be based on serving the few needs of a few customers. 

Business

Which of the following organizing strategies by unions has not been tested in the courts?

A. Attempting to change the law to make it easier to unionize. B. Using public demonstrations to pressure companies to recognize unions without an election. C. Negotiating neutrality and card-check agreements with employers whereby employers agree to stay neutral and recognize based on the cards only. D. Using a concept called "members-only" representation in which unions represent less than the majority of employees in a workplace and negotiate only on behalf of those employees.

Business

Customers determine overall service quality using all of the following dimensions except

A. reliability. B. responsiveness. C. acceptability. D. empathy. E. assurance.

Business