A(n) ________ multinational corporation (MNC) relies on local managers from a particular geographic region to handle operations in and around that area.

A. ultracentric
B. regiocentric
C. ethnocentric
D. geocentric


Answer: B

Business

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Pure Water Company is subject to a decision by the Environmental Protection Agency. Pure Water appeals the decision, arguing that it is arbitrary and capricious. This could mean that the decision

a. changed the agency's prior policy without justification. b. followed a consideration of all relevant factors. c. was accompanied by a rational explanation. d. was plainly warranted by the evidence.

Business

Under the "payroll method" approved by the U.S. Supreme Court:

a. employers whose payrolls exceed $500,000 annually are covered by Title VII b. employers are covered by Title VII if they had at least 20 employees on the payroll at the time of the alleged discrimination c. employers are covered by Title VII if they had at least 15 employees working and being paid for each working day during at least 20 weeks in the same or the preceding year d. employees are counted for each full week between when they are hired and when they leave employment, regardless of the number of days or hours worked. e. none of the above

Business

The fact that many firms are too production-oriented and inefficient is one reason so many new products fail.

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

Business

One of the main reasons employers offer employees flexible benefits plans is

A. to keep them healthier so that they will not be out sick as much. B. to cut costs of benefits administration. C. because most people have fairly similar needs and thus want the same benefits. D. employers cannot afford to offer employees any and all benefits. E. because employees have diverse needs, and choosing their own benefits package will better meet those needs.

Business