________ are groups of countries that agree to increase trade among them by lowering trade barriers.

A. Open zones
B. Trading blocs
C. Exchange partners
D. Black zones


Answer: B

Business

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Hatch and Schultz (2001) argue that expressive organizations align three major organizational features: vision (strategy), culture (employees), and image (brand) by analyzing the three possible gaps between them. One gap is the image-culture gap which refers to _______________.

a. Management develop a vision not shared by employees, and which alienates or separates employees from the strategy of the organization b. Employees behave in ways that are inconsistent with the organizations espoused image c. There is conflict between the organizations vision and how the organization is being perceived in its own environment d. The image of the organization is stronger than its culture and so people behave more consistent with the image than the culture

Business

The authors believe that the most serious competition nonprofits often face is

a. the growth of other nonprofits b. the status quo c. generating funding d. enlisting volunteers e. identifying generic competition

Business

The full faith and credit clause ensures that rights established under a contract in one state are honored by other states.

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

Business

Regardless of the inventory costing system used, cost of goods available for sale must be allocated at the end of the period between

A. net purchases during the period and ending inventory. B. beginning inventory and cost of goods sold. C. beginning inventory and net purchases during the period. D. ending inventory and cost of goods sold. E. ending inventory and beginning inventory.

Business