Phillippe needs to fire a manager of a French subsidiary of his company. He recently found that French law makes it difficult to terminate employees. This would be identified in the ________ section of a global market research report.

A. history, geography
B. economic
C. cultural, societal
D. political, legal
E. business environment


Answer: D

Business

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Occupational Safety and Health Administration (OSHA) violations are categorized into three types: willful, intentional, and non-intentional.

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

Business

For a bank, what would be an example of a back-office process?

A) Opening new account B) Handling deposits C) Handling withdrawals D) Processing checks E) Answering customer question

Business

Mr. and Mrs. Trent divorced last year. Pursuant to the divorce, Mr. Trent transferred marketable securities (FMV $100,000; basis $67,000) to Mrs. Trent. This year, Mrs. Trent sold the securities for $112,000. Which of the following statements is true?

A. Mrs. Trent recognized a $45,000 gain on sale this year. B. Mrs. Trent recognized a $12,000 gain on sale this year. C. Mrs. Trent recognized no income last year and no gain on sale this year. D. Mrs. Trent recognized $100,000 income last year.

Business

Which sentence is expressed correctly?

A. In order to be successful, entrepreneurs must understand the marketing mix; namely, price, place, promotion, and product. B. In order to be successful, entrepreneurs must understand the marketing mix, namely, price, place, promotion, and product. C. In order to be successful, entrepreneurs must understand the marketing mix, namely: price, place, promotion, and product.

Business