Consider Figure 2.2. With trade, Canada consumes

a. 12 televisions and 8 refrigerators.
b. 12 televisions and 16 refrigerators.
c. 8 televisions and 16 refrigerators.
d. 24 refrigerators.


b. 12 televisions and 16 refrigerators.

Business

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Which of the following best describes profit sharing?

A. incentive pay in which payments are a percentage of the organization's profits and do not become part of the employees' base salary B. a combination of performance measures directed toward the company's profit and used as the basis for awarding incentive pay C. a gainsharing program in which employees receive a bonus if the ratio of labor costs to the sales value of production is below a set standard D. a group incentive program that measures improvements in productivity and effectiveness and distributes a portion of profit to employees E. an incentive plan where a percentage of the previous year's profits is provided to the employees as a part of their salary

Business

Direct marketing is a data-mining application that identifies the reasons customers switch to competitors and predicts which customers are likely to do so.

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

Business

Within the company situation analysis, what step must be done right before the conclusion concerning competitive position?

a. assessment of competitive strength and identification of competitive advantage b. assessment of the present strategy based on performance c. determination of the issues and problems that need to be addressed d. SWOT analysis

Business

Which of the following types of interviews is most likely to involve several people, such as a search committee, who gather in a conference or seminar room with a job applicant to discuss the position?

A) Group interview B) Telephone interview C) Panel interview D) One-on-one interview E) Action interview

Business