Countries with slower-rising unit labor costs are investment prospects for companies striving to lower production costs.
Answer the following statement true (T) or false (F)
True
Countries with slower-rising unit labor costs are investment prospects for companies striving to lower production costs. First, they suggest investment prospects for companies striving to lower production costs; second, they may become sources of new competition in world markets if other firms in the same industry are already located there or invest in production there.
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"The customer is always right":
A) is the best attitude to get employees to give great service. B) may distort the importance of thinking about win-win relationships, not who is right and who is wrong. C) is an excellent motto for any organization. D) sets up companies to fail when the customer is actually wrong.
Mark's employer passes out checks at the end of each quarter, representing an equitable portion of 5% of the company's pretax profits for the previous period. This is known as
A. pay for performance. B. pay for knowledge. C. a bonus. D. profit sharing. E. gainsharing.
A(n) ________ is a limit on the amount of goods that an importing country will accept in certain product categories
A) embargo B) tariff C) benchmark D) quota E) exchange control
Describe how new media provides a space for public self-presentation.
What will be an ideal response?