Which of the following best describes an economic consultative association?

A. It is a group of states that have reduced or eliminated trade barriers among themselves but maintain their individual tariffs in dealing with other states.
B. It is a group of states that exchanges information, coordinates economic policy, and promotes trade cooperation.
C. It is a business firm operating branches, subsidiaries, or joint ventures in two or more states.
D. It is a group of states that have reduced or eliminated trade barriers among themselves and have established a common external tariff.


B

Business

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Asset maintenance involves

a. the recording of periodic depreciation b. adjusting the asset records to reflect the cost of physical improvements c. keeping track of the physical location of the assets d. all of the above

Business

Jasmine notices that every time she hears an inaccurate news story, it is published by the political party with which she disagrees. Jasmine is likely guilty of which of the following perceptual errors?

A. stereotypes B. primary effect C. halo effect D. selective attention

Business

Separation of businesses into more manageable operating units is termed decentralization

Indicate whether the statement is true or false

Business

The three categories of leadership behaviors that have received particular attention are

A) the autocratic approach, democratic choices, and the laissez-faire style. B) task performance, group maintenance, and employee participation in decision making. C) leader preferences, follower preferences, and environmental factors. D) assertiveness, adaptability, and the ability to manage complexity. E) employee motivation, effective two-way communication, and stress management.

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