Which element of scientific management theory is commonly used today in the fast food industry?
A. Employees do not need to comply with a precise job description.
B. Tasks can be completed at any convenient time.
C. There is strict adherence to rules.
D. Training takes a long time.
C. There is strict adherence to rules.
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Which of the following demonstrates effective business writing?
A) All executives and their wives will attend the Reno conference. B) A salesman must meet monthly sales quotas. C) The female attorney graduated from Yale. D) The office personnel will assist you with your forms.
Which of the following statements about the legal environment in the United States is true?
A. Businesses managers are not subject to civil laws. B. Many laws try to limit competition among firms. C. Consumer protection laws were introduced in the United States after 1940. D. Individual managers are subject to criminal penalties. E. The Food and Drug Administration (FDA) has no right to seize any product even if it violates the regulations.
A major aspect of operating a business in a host country is the business risk that must be assumed. Which of the following is NOT a business risk?
A) A severe drought B) The risk of the firm being nationalized by the host country. C) A rise in interest rates D) A shift in exchange rates
Creating a data warehouse involves using the functionalities of database management software to implement the data warehouse model as a collection of physically created and mutually connected database tables
Indicate whether the statement is true or false