Which of the following is not a specific challenge to global business systems?
A) shortages of skilled consultants
B) cultural expectations
C) different telecommunication standards
D) different data transfer speeds
E) unreliable phone networks
B
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Economic order quantity (EOQ) is compatible with just-in-time systems
Indicate whether the statement is true or false
Which of the following is true regarding the Emerging Issues Task Force (EITF)?
a. It has formal authority to establish GAAP. b. Members of this group consist of CEOs of six major corporations and the chief accountant of the SEC. c. It is concerned with highly technical issues, such as financial instruments, which may affect firms in virtually every industry. d. All of the above
Which of the following facts makes effective listening challenging?
a. The human ear is unable to keep up with the speech rate of most speakers. b. Our minds process much faster than a speaker can talk. c. The listener often thinks ahead to anticipate future points and evaluate the ideas heard. d. Making written notes short circuits the listening activity.
Identify the most common reasons why business plans fail.
What will be an ideal response?