Rochester, an Asian country, follows an economic system that facilitates private ownership. The country's economy is based on economic freedom and fair competition. Given this information, the economic system followed by Rochester is _____.
A. socialism
B. totalitarianism
C. capitalism
D. communism
Answer: C
You might also like to view...
Money that is created in the private sector, such as checking accounts at banks, is referred to as:
A. representative money. B. commodity money. C. outside money. D. inside money.
Customer relations are usually part of
A) the supply chain. B) the value chain. C) both the value chain and the supply chain. D) neither the value chain nor the supply chain.
If net cash flows from operating activities total $115,000, net cash flows from financing activities total $50,000, net cash flows from investing activities total $60,000, purchases of plant assets total $30,000, dividends total $12,000, and sales of plant assets total $17,000, the free cash flow equals
A) $90,000. B) $174,000. C) $116,000. D) $56,000.
What can companies do to improve multicultural interaction in a diverse workplace environment?
a. Establish a bill of rights to protect workers in the company b. Provide cross-cultural sensitivity training c. Create multicultural appreciation celebrations with food for sharing d. Make sure the composition of the leadership matches the composition of the workforce