Tariffs and quotas on imports tend to involve larger sacrifices in national welfare than would occur under domestic subsidies. This is because, unlike domestic subsidies, import tariffs and quotas
a. permit less efficient home production.
b. distort choices for domestic consumers.
c. result in higher tax rates for domestic residents.
d. redistribute revenue from domestic producers to consumers.
b. distort choices for domestic consumers.
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The increasing importance of the European Union (EU) as a regional market has prompted a number of companies to change their organizational structures by setting up regional headquarters there
Indicate whether the statement is true or false
Standards work best if the products being produced are fairly similar
Indicate whether the statement is true or false
Lako Systems invests a lot into recruiting new hires. To help reduce their risk of quitting, Lako Systems has a program that helps bring new hires into the organization's fold so that they truly feel as if they are a part of it. This is known as
A. cross-training. B. onboarding. C. on-the-job training. D. benchmarking.
Mendon took her diamond ring to a jeweler to have it resized and arranged to pick it up in three days. When she returned, she discovered that a salesperson had sold her ring to a customer who was looking for a used diamond. To legally reclaim the ring from the customer, Mendon would need to prove that the
a. customer was not satisfied with the ring. b. salesperson was dishonest. c. customer did not purchase the ring in good faith. d. customer failed to inform the salesperson that the ring was not for resale.