Today, most international trade disputes are settled by:
A) The General Agreement on Tariffs and Trade.
B) The Security Council of the United Nations.
C) The World Trade Organization.
D) The American Arbitration Association.
E) The International Court of Justice.
C
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The optimal level of inventory is the level that minimizes the total inventory ordering costs as well as the inventory carrying costs and the costs of not having inventory on hand when needed
Indicate whether the statement is true or false
Which of the following is an organization that lends funds to a business entity and expects repayment of the funds?
a. A creditor b. A stockholder c. An owner d. A partner
In which of the following situations is a clawback most likely to occur?
a. A departmental manager skimmed off company receipts to earn petty cash. b. A CEO made millions on a fraudulent investment that cost investors billions. c. A low-level employee was found to be taking small gifts or bribes from customers. d. An employee was promoted to a management position but later was revealed to have falsified customer receipts prior to the promotion.
Enforcement of the ethics code is essential to be effective. Which of the following elements of compliance is not relevant?
a. Top management and their supervisors participating in the same programs as employees b. Static and not updated c. Consistency in enforcement d. Clarity of the code contents