From a business point of view, diversity and nondiscrimination policy as applied to international business contracts are _______________
a. Mutually exclusive
b. Crucial
c. Nonexistent
d. Legally binding
b. Crucial
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Which of the following sectors would NOT be considered to be part the service industry?
A) hotel B) insurance C) banking D) real estate E) chemicals
Which stage in Schein’s career life cycle is when individuals begin to reassess their career and career choices?
a. Full membership, midcareer b. Late career c. Midcareer crisis d. Decline and disengagement
Vermilion Inc., a manufacturer of high-technology medical devices, has its product development centers located in the United States and South Korea. The manufacturing units are located in China and the Philippines to benefit from low-labor costs and access to original equipment manufacturers. This allows the company to competitively price its devices. Also, the various phone models sold by the company are uniform in all the foreign markets it operates in. In this scenario, which of the following strategies does Vermilion most likely pursue?
A. transnational strategy B. global-standardization strategy C. multidomestic strategy D. international strategy
Of the following which group would be considered EXTERNAL PLAYERS of the firm?
A) The loan officer at the firm's commercial bank B) The shop foreman C) The human resources manager D) All of the above