Groove Space Solutions is a Web design firm. The employees of the firm do not work at an office. Instead, they work from their homes. They collaborate with each other and report to their managers in real time through an online communications software. In the context of the new competitive realities of the modern age, this scenario illustrates a ________.

A. human resources information system
B. sustainable workplace
C. virtual workspace
D. downsized organization


Answer: C

Business

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Rotter Garder Inc. is a large-scale paint manufacturer known for its wide range of decorative paint products and industrial coatings. In addition to making paints, the company also owns and operates the retail stores that sell its products. This is an example of a(n) ________ vertical marketing system.

A) administered B) contractual C) referent D) corporate E) regulated

Business

Which of the following is true with regard to value-added pricing?

A) Companies that practice value-added pricing typically match the competition by cutting prices. B) Companies practicing value-added pricing differentiate their offers by attaching value-added features to offerings that, in turn, justify higher prices. C) The intrinsic value of products sold by companies practicing value-added pricing is far less than their actual selling price. D) Companies practicing value-added pricing primarily rely on cost differentiation. E) Value-added pricing is the most suitable pricing strategy in pure monopolies.

Business

The Sarbanes-Oxley Act contains provisions for prosecuting U.S. firms that bribe foreign officials

Indicate whether the statement is true or false

Business

A lessor is a party who acquires a right to the possession and use of goods under a lease.

Answer the following statement true (T) or false (F)

Business