The foreign environment is composed of all the uncontrollable forces originating _______ that surround and influence the life and development of the firm.

A. in the host country
B. outside the host country
C. in the home country
D. outside the home country
E. globally


Answer: D

Business

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Managers at Thomas Canyon Credit Union have given employees raises year after year based on what they had given the year before, even though now their employees were quite underpaid compared to similar positions with other credit unions. This is an example of a(n)   

A. anchoring and adjustment bias. B. escalation of commitment bias. C. sunk-cost bias. D. availability bias. E. representativeness bias.

Business

In the _____ phase of decision making, decision makers collect facts, ideas, and beliefs.

Fill in the blank(s) with the appropriate word(s).

Business

Most of the Bill of Rights' guarantees of certain fundamental rights and the protection of these rights from intrusive government action have been applicable to federal, state and local government action ________.

A. since 1791 B. since 1786 C. until the Fourteenth Amendment was ratified in 1868 and the Supreme Court applied its Due Process Clause to state and local governments via the incorporation doctrine D. since the Ford Administration

Business

Rupert, an agent for Star Productions, Inc., enters into an unauthorized contract with Theatrical Transport Corporation purportedly on behalf of Star, which refuses to perform. Rupert is liable

A. for breach of contract to Star and Theatrical Transport. B. for misrepresentation to Star only. C. for misrepresentation to Theatrical Transport only. D. to no one.

Business