Which of the following is true of matrix organizations?
A. Employees are more likely to focus on the overall business process rather than on their functional specialty.
B. Influence costs are low as there are separate product and functional managers.
C. Employees have strong incentives to cooperate with other teams within a company.
D. There are well-defined lines of authority, eliminating scope of interdependence and lack of incentives.
Answer: A
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Which of the following is a reason for economic discrimination to occur?
A) differences in access to education B) differences in gender C) differences in the quality of education D) barriers to entry in higher-paying occupations
An example of a good or service that would not count in the U.S. GDP would be:
A. a car made by Ford in Michigan. B. a car made by Toyota in Tennessee. C. sneakers made by Nike in Indonesia. D. sneakers made by New Balance in Ohio.
What interest rate has been the focus of monetary policy?
What will be an ideal response?
According to the principle of comparative advantage, if a rich country trades with a poor country, then
A) the rich country will benefit and the poor country will lose. B) the rich country will lose and the poor country will benefit. C) both countries will benefit. D) neither of the countries will benefit.