The Federal Reserve through monetary policy can help expand the economy by
A) lowering income taxes on individuals.
B) reducing tariffs such that foreign exports can increase.
C) supporting a moderate growth of the money supply.
D) increasing government spending on the national infrastructure.
Answer: C
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When the government of a host country requires companies to have some local participation, foreign firms must engage in strategic alliances with local owners.
Answer the following statement true (T) or false (F)
Although hospitality organizations are reluctant to do so, firing guests may become necessary when ______.
a. They demand too much personalized service. b. The guest experience is beyond their information-processing capabilities. c. They endanger employees. d. They complain about the selection of items.
Backflush costing aims at decreasing waste in the production process
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. Over time, firms have been less and less global in their focus. 2. The value of information allows it to often be referred to as an intellectual asset. 3. The flow of information from customers to a firm is referred to as internal information flow. 4. The flow of information from a firm to its customers is referred to as corporate information flow. 5. The construction industry is known for its lack of information flow problems.