If a corporation compares its compensation and performance-evaluation systems to its competitors' systems, it has engaged in
A. plagiarism.
B. specific knowledge enhancement.
C. patent infringement.
D. benchmarking.
Answer: D
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If a large percentage of economic activity in developing countries is unrecorded, then the countries are likely to rely on which of the following taxes to provide government revenue?
A) Sales taxes B) Property taxes C) Income taxes D) Tariffs
The voting members of the Open Market Committee are
a. the 7 Governors of the Federal Reserve System. b. the 12 presidents of the Federal Reserve Banks. c. the 7 Governors and the Chairman of the Council of Economic Advisors. d. the 7 Governors and 5 of the presidents of the 12 regional Federal Reserve Banks.
Competing-interest legislation involves
a. concentrated costs and widespread benefits b. both widespread costs and widespread benefits c. both concentrated costs and concentrated benefits d. widespread costs and concentrated benefits e. concentrated costs and either widespread or concentrated benefits
When the price of a good is lower than the equilibrium price, a. a surplus will exist
b. buyers desire to purchase more than is produced. c. sellers desire to produce and sell more than buyers wish to purchase. d. quantity supplied exceeds quantity demanded.