Ans: E) Strategic alliance
Which international business strategy involves cooperation between firms and may not involve sharing of ownership?
A) Exporting
B) Importing
C) Direct investment
D) Joint venture
E) Strategic alliance
Business
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______ includes five measures that have been used by organizations to improve understanding and cooperation between cultures.
A. Heinrich’s proportions B. McClelland’s measurements C. Hofstede’s dimensions D. Taylor’s Big 5
Business
Answer the following statement(s) true (T) or false (F)
1. Although physical distribution by air has the fastest delivery speed, it is the worst method in terms of dependability. 2. Public and private warehouses both provide storage on a rental basis. 3. Freight forwarders combine small shipments from several firms and arrange for the merchandise to be picked up from the shipper and delivered to the buyer. 4. The materials handling phase of physical distribution does not start until the product has left the warehouse. 5. JIT systems allow organizations to maintain smaller inventories by ordering smaller amounts more often.
Business
Which of the following scenarios would be considered to be a breach of human rights law? An employer refuses to
A) modify premises to accommodate a recently disabled employee because the cost is more than the business can currently afford B) allow his sole employee not to work on Sundays for religious reasons C) purchase adaptive devices for an employee who has recently lost his sight and fires the employee as a result D)pay for dental implants for an employee who was recently injured in a car accident E) all of the above would be a breach of human rights law
Business
Delegation is:
a. the process by which authority is distributed downward in an organization b. the power to accomplish an assigned job c. a duty to perform at the highest level d. being held accountable for performance e. being responsible for everything
Business