Outsourcing is a management innovation that emphasizes:
A. hiring only managers educated in another state.
B. assignment of management and production responsibilities to another firm.
C. reduction in the purchase of resources to the bare essentials.
D. vertical integration of production and service.
Answer: B
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How do specialized lending channels created by central banks affect the economy during a recession?
What will be an ideal response?
A hard peg may be achieved by all of the following except
A) following the rules of the Bretton Woods Agreement. B) dollarization. C) establishing a currency board. D) mutual agreements establishing a common currency.
If the cross-price elasticity between goods A and B is negative, we know the goods are:
A. inferior goods. B. substitutes. C. inelastic. D. complements.
A checking account entry is money because it:
A. is ensured by the Federal Deposit Insurance Corporation. B. has been declared as such by the federal government. C. performs the functions of money. D. can be sold for currency.