Identify up to four phenomena that foster specialization and worldwide supply chains
What will be an ideal response?
1. a more technologically oriented society, 2. specialized expert knowledge, 3 . instant communication, and 4. cheaper transportation
You might also like to view...
Closing entries serve two important purposes: (1) to return the balances in all temporary or nominal accounts to zero to start the next accounting period and (2) to transfer the net income (or net loss) and the dividends of the period to the Retained Earnings account
a. True b. False Indicate whether the statement is true or false
A clear, thoughtful mission statement provides employees with a shared sense of purpose, direction, and ________
A) profitability B) target market feasibility C) opportunity D) continuous improvement E) quality products
In assertive cultures individuals are direct and confrontational.
a. true b. false
In the feature, Personal Reflections: Internal Locus of Control and the American Dream, the author describes how he witnessed over the years
a. young entrepreneurs with good ideas get crushed by corporations with huge budgets b. corporations only promoting to CEO positions family members of rich stock holders c. corporations promoting people from middle class families to CEO roles, and entrepreneurs triumphing over large corporations d. both “a” and “b”