Answer the following statements true (T) or false (F)
1. Higher costs of transportation and communication, and higher trade barriers, have contributed to increased globalization in recent decades.
2. Compared to the 1800's, the "openness ratio" of the U.S. economy had declined by the 2000's.
3. As measured by the value of trade, Canada, Mexico, and China are the three top trading partners of the United States.
4. The "openness ratio" of the U.S. economy in 2015 was approximately 15 percent, the same as in 1890.
5. The development of diesel engines and gas turbines helped reduce transportation costs and thus increase international trade among nations.
1. False
2. False
3. True
4. False
5. True
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The Transport Union in Austin, Texas, enters into a contract with the Metropolitan Transportation Authority. The contract requires the government agency to pay a yearly bonus to union members. A year after signing the contract, the Metropolitan Transportation Authority refuses to pay the annual bonus, which triggers a conflict between the union and the agency. A third party intervenes to resolve the conflict between the two parties. The third party evaluates the arguments of both sides and proposes a solution. Both parties have the right to decline the proposal, but they decide to accept it. In the context of the alternatives to work stoppage, the third party in this scenario is an example of a(n)
A. fact finder. B. arbitrator. C. moderator. D. rights enforcer. E. stakeholder.
Name the key tasks associated with purchases procedures
In which of the following situations would a CPA be considered independent?
a. A CPA has obtained an auto loan from a banking client. b. A CPA has obtained a 90-day signature loan from a client. c. A CPA has obtained a loan for investment purposes from a client. d. A CPA has obtained an interest-free loan from a banking client.
Name and describe at least four major barriers to organizational diversity?
What will be an ideal response?