The Agreement on Implementation of Article VII of GATT 1994 is designed to harmonize the methods used by WTO member states to determine the value of goods for customs purposes

Indicate whether the statement is true or false


True

Business

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There is a special project division at Empire Consulting in which teams select which projects the teams wants to pursue rather than simply being assigned a project by the manager. At their monthly meeting, a team is trying to decide whether to take on a project regarding infrastructure budgeting or one in which they focus on employee performance levels companywide. Which part of motivational effort is primarily being assessed in the meeting?

a. initiation of effort b. direction of effort c. persistence of effort d. intensity of effort

Business

Which of the following pricing objectives does an organization adopt when it sets the price of its

products high shortly after product launch in order to recoup development costs? A) market share maximization pricing objective B) survival pricing objective C) market skimming pricing objective D) product-quality leadership pricing objective

Business

Miles purchased a lawnmower with an attached warning that said, "The manufacturer is not responsible in the case of an injury caused by the lawnmower." If Miles is injured because of a defect in the mower and sues the lawnmower manufacturer, he will most likely

a. lose, as he agreed to not hold the lawnmower manufacturer liable. b. lose, as he assumed the risk. c. win, as this warning would be unenforceable. d. win, as all lawnmower manufacturers are strictly liable.

Business

In high power distance cultures, there is a wider gap between the powerful and the powerless.

a. true b. false

Business