Which of the following statements is true with regard to the current global business environment?

a. Companies are competing in a very complex environment.
b. Companies are well equipped to deal with challenges in the current environment.
c. Turbulence in the trade environment is declining.
d. Free trade has increased the complexity of global business.


a. Companies are competing in a very complex environment.

Business

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The implied warranty of merchantability shifts the burden of proof from:

A. suppliers to consumers. B. producers to suppliers. C. producers to consumers. D. consumers to producers.

Business

UNASUR is the economic community of South American nations

Indicate whether the statement is true or false

Business

The CEO of Big Wheel Automotive is concerned about declining sales. He has identified his research problem as the fact that his competitors are drawing away his business. He purchases access to J. D. Power's automobile rankings to learn about possible reasons for the shift in consumer purchasing. In this case, the CEO is using ________ to collect secondary data for his research problem.

A. a market research organization B. a survey questionnaire C. government sources D. focus groups E. unstructured interviews

Business

If a Lagrange multiplier equals 3, a one-unit increase in the right-hand side of a constraint, will result in an increase of 3 in the objective function

Indicate whether this statement is true or false.

Business