If an organization decides to compete on costs, and hires low-cost labor, it needs to have a decentralized structure to enable autonomy in decision-making by the workers.
Answer the following statement true (T) or false (F)
False
If a company decides to compete on cost, and hence hire low-cost offshore labor, the jobs have to be designed so that minimally skilled people who will require little training can perform them. The organization in this case needs to have a centralized structure so that low-level workers are not forced into making too many decisions.
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Arbitrage functions to
A. provide French markets access to other EU markets. B. create wealth through interest rate swaps. C. exploit price differences between markets, so as to profit with no risk. D. create increased trading in commodity markets.
Cash larceny involves
a. stealing cash from an organization before it is recorded. b. stealing cash from an organization after it has been recorded. c. manufacturing false purchase orders, receiving reports, and invoices. d. a clerk paying a vendor twice for the same products and cashing the reimbursement check issued by the vendor.
Divide: 
A. 6 B. 0.16129 C. 6.2 D. 6.5
Explain how your impact statements relates to other components of The Practice of Entrepreneurship.
What will be an ideal response?