Which of the following is NOT traditionally a part of an information network?
a. databases
b. competitors
c. customers
d. suppliers
b. competitors
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Which of the following is NOT a proactive hiring procedure?
a. conducting background investigations on prospective employees b. instilling in employees a desire to develop ethical awareness and courage to do the right thing c. thoroughly checking references provided d. learning how to interpret responses to inquiries of references about job candidates
What was the core purpose of the Caux Principles for Responsible Business?
a. reducing the influence of free market capitalism in international business b. seeking international standards in sanctions for unethical behavior c. seeking international moral harmony in business practices d. spreading Western business values to the developing world
Answer the following statement(s) true (T) or false (F)
1. Organizational structure is an incredibly important, yet often overlooked, component of the success or failure of a business. 2. A new focus on “adaptive organizations” suggests that firms that are able to change their structure rapidly in response to environmental and competitive challenges are more likely to sustain long-term profitability. 3. The functional structure is the only efficient way to organize. 4. Organizing is the management function of assigning activities and grouping people so organizational objectives can be achieved. 5. As a manager, you can observe what your competitors are doing, but you should arrange your structure in such a way that best utilizes your firm, your employees, and your customers.
When the value of one country's currency relative to that of another varies with market conditions, which of the following exists?
A) Floating exchange rate B) Fixed exchange rate C) Indexed exchange rate D) Flat exchange rate E) Balanced exchange rate