In the macroenvironment, the aging of the population is an example of

a. Technological change
b. Demographic change
c. Political – Legal change
d. Economic change
e. Social – cultural change


B

Business

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Which of the following is the first step in creating a valuable supplier management information system?

A. monitor the supplier’s ability to produce quality services B. assess the supplier’s corporate social responsibility C. collect and update all supplier information, and ensure all vendor and supplier purchases and contracts are centrally controlled D. assess the supplier’s financial position

Business

The transitional word finally indicates a summary or conclusion

Indicate whether the statement is true or false

Business

In the context of the three types of expatriate compensation plans, which of the following statements is true about the balance-sheet approach?

A. It complicates long-term tax and retirement-benefits that make it a less desired alternative. B. It localizes expatriates in the host-country salary program. C. It is the least preferred alternative used by North American multinational organizations to compensate expatriates. D. It facilitates mobility among the expatriate staff in the most cost-effective way possible.

Business

What is another name for whole life insurance?

A. Term life insurance B. Indemnity life insurance C. Straight life insurance D. Ordinary life insurance

Business