______ is the group of 21 Pacific Rim countries whose purpose is to improve economic and political ties, and to reduce tariffs and other trade barriers across the region.
A. PEC
B. ASEAN
C. EU
D. APEC
E. CAFTA
D. APEC
The Asia-Pacific Economic Cooperation (APEC) is a group of 21 Pacific Rim countries whose purpose is to improve economic and political ties, and to reduce tariffs and other trade barriers across the Asia-Pacific region.
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Which of the following is true of a majority decision made by the U.S. Supreme Court?
A. All the judges agree as to the outcome and reasoning used to decide a case. B. A majority of the judges agree as to the outcome but not the reasoning used to decide a case. C. A majority of the justices agree as to the outcome and reasoning used to decide a case. D. An equal number of justices vote for and against the petitioner, and the case remains undecided.
Which of the following best describes the manager of a profit center?
A) The manager is only responsible for controlling costs. B) The manager is responsible for generating profits and efficiently managing the center's invested capital. C) The manager is only responsible for generating revenues. D) The manager is responsible for generating revenues and controlling costs.
Which of the following is NOT true about a market-directed economy?
A. The interaction between consumers and producers is great. B. Government is responsible for setting up all marketing activities. C. Consumers enjoy maximum freedom of choice. D. Producers enjoy maximum freedom of choice. E. The price of a consumer product serves as a measure of its value.
The earned value of a project is the
A. Total project cost to date. B. Cost incurred minus the planned cost. C. Percent of the original budget that has been earned by actual work. D. Project cost to date adjusted for project scope changes. E. Planned time-phased baseline of the value of work scheduled.