Which regional trade area was formed in 1967 by Indonesia, Malaysia, the Philippines, Singapore and Thailand?

a. CARICOM

b. The Mercosur

c. ASEAN

d. The Asia Pacific Economic Cooperation Group (APEC)


c

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Consumer advocates call for additional consumer rights, including ________

A) the right to be protected from unwanted marketing messages B) the right to be well informed about important product aspects C) the right not to pay any taxes included in the final price D) the right to resell the product E) the right to exchange the product if it is of the wrong size or style

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Companies that take a creative and proactive approach to incorporating sustainability into their operations and supply chains ______.

a. can reduce reliance on external resources b. craft legal contracts that will penalize suppliers in case of failure to meet the company’s supply requirements c. can reduce costs and mitigate risks d. can charge high prices for products of poor quality

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Medicare is a required column in a payroll register

Indicate whether the statement is true or false

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Regarding airfreight, which of the following statements is true?

A. There are usually more problems from theft and damage with airfreight. B. Low-value, high-weight goods are often shipped by air. C. Airfreight may increase the cost of unpacking and preparing goods for sale. D. Airfreight may reduce the total cost of distribution. E. Inventory costs usually increase, since only small quantities can be shipped at a time.

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