Companies that do not have operations in China find it difficult to compete based on the basis of low prices with companies that do. Instead those companies tend to compete based on:
A) quality and social responsibility.
B) speed and small production runs.
C) luxury.
D) quality and small production runs.
B
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Which of the following is not a business resource?
a. raw material b. labor c. information d. all are business resources
Rosie assigned her employees a goal. The employees planned, organized, led, and controlled one another to reach the goal. This is an example of a(n) ______.
A. self-managed work team B. rotating work team C. enriched work team D. integrated work team
Reports based on outcomes and decisions arrived at during meetings are called _____
A) progress reports B) meeting minutes C) trip reports D) feasibility reports E) evaluation reports
Which of the following is true of nonprofit corporations?
A) They include hospitals, educational institutions, and charities, but exclude religious groups. B) They are always privately held corporations that are created for charitable and benevolent purposes. C) They are used by groups to carry out transactions and own property without individuals being held liable. D) In legal papers, they are referred to as Subchapter S corporations.