An economic system in which individuals decide how, what, and for whom to produce is called:

a. communism
b. socialism
c. a planned economy
d. a democracy
e. capitalism


e. capitalism

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Which of the following affirmative action plans would include training plans and programs, focused recruiting activity, or the elimination of discrimination?

A. Quasi-affirmative action B. Judicial affirmative action C. Voluntary affirmative action D. Executive affirmation action

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An example of an ethnic subculture mentioned in the text is the 1.5 million __________ descendants who live in Brazil.

Fill in the blank(s) with the appropriate word(s).

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Functional strategy is a strategy that ______.

a. attempts to address the fundamental question of what industries and markets the organization should enter and compete in b. attempts to address the fundamental question of how a company can compete in a particular industry c. attempts to address the fundamental question of how to manage a particular function d. attempts to address the fundamental question of what advertising strategy to follow

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The P3 process involves planning, packaging, and presenting

Indicate whether this statement is true or false.

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