Describe the significance of the Schedule of Specific Commitments. List the categories that a member can apply on sectors mentioned in its Schedule of Specific Commitments?
What will be an ideal response?
GATS is designed to open up specific service sectors of the WTO member states' markets to international access on a sector-by-sector and a state-by-state basis. Following negotiations, or on its own initiative, a member is to submit a Schedule of Specific Commitments for annexation to GATS that lists the sectors (or subsectors) it is opening to market access. The member may also list limitations that apply to these sectors, and it must do so as to six categories of limitations if it wants those six to apply. The categories of limitations that the member must either list or not apply are limitations on (1) the number of service suppliers allowed, (2) the total value of transactions or assets, (3) the total quantity of service output or the number of service operations, (4) the number of natural persons that may be employed in a particular service sector, (5) the type of legal entity or joint venture arrangement that a service supplier may use in supplying a service, and (6) the participation of foreign capital in terms of a maximum percentage limit on foreign shareholding or the total value of individual or aggregate foreign investment.
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Which of the following is an effective way to deal with change and innovation?
A. Insist on success. B. Increase work rules and hierarchy. C. Copy others' successes. D. Have the courage to follow your ideas. E. Jump right into it.
In a process cost system, the cost of completed production in Department A is transferred to Department B by which of the following entries?
A) Debit Work in Process--Dept. B; credit Work in Process--Dept. A. B) Debit Work in Process--Dept. B; credit Finished Goods--Dept. A. C) Debit Work in Process--Dept. B; credit Cost of Goods Sold--Dept. A. D) Debit Finished Goods; credit Work in Process--Dept. B.
Will Haroldson, plant manager, directed his top production engineer, Jaime Mendez, to sign up for an upcoming statistical quality workshop. Will said, "I've long been a student of total quality management. I've decided to introduce a statistical approach called ________ into our production process to analyze the causes of product defects, so that we can then eliminate those defects."
A. six sigma B. mass customization C. lean manufacturing D. simultaneous engineering E. JIT delivery
You wish to examine the impact of two different types of music (pop music and jazz music) and pet food served (wet food and dry food) on how often cats glare at their owners. Which of the following tests is appropriate to use?
a.Factorial ANOVA b.t-test for dependent samples c.t-test for independent samples d.One-way ANOVA