Small businesses should develop a rating system to select, evaluate, and retain suppliers.
Answer the following statement true (T) or false (F)
True
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Consider the following production function Y = A×Ka×L1?a. ? If a = 0.4, and over the past year output grew 4 percent, total factor productivity (TFP) grew 2.6 percent, and labor grew 1 percent, what was the growth rate of capital?
A. 4 percent B. 3 percent C. 2 percent D. 1 percent
An American business manager makes a bribe to a foreign government official in a host country where such a bribe is not illegal. What would happen?
a. The manager will be punished by the host country because it must enforce American laws. b. Even if caught, the manager will not be punished because he did not break the host country’s laws. c. If caught, the manager may end up in an American jail because the bribe breaks American law even though it did not happen on American soil. d. At most, the American manager will have to pay a fine in the United States.
Effective service recovery procedures should be ____________, ____________, ____________, and ____________
a. proactive, engaged, universal, empowered b. planned, engaged, universal, trained c. proactive, planned, trained, empowered d. trained, engaged, flexible, spontaneous e. trained, engaged, universal, empowered
Which of the following is suitable for copyrighting?
A) buildings B) musical compositions C) business methods D) product logos