Arranging for other organizations to perform supply chain functions that were previously performed internally is known as _____.
A. vertical integration
B. outsourcing
C. amortization
D. enterprise resource planning
Answer: B
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Which of the following is a human resource issue that firms have to balance because of globalization?
A. Training foreign managers abroad B. Gauging the knowledge and skill base of workers C. Figuring out how to best hire and train workers D. All of these are correct.
To whom does a large, publicly held corporation and its management have obligations?
A) The corporation's shareholders B) Its employees, customers, and suppliers C) Communities in which the corporation is located D) All of these.
Sly's Used Cars just sold you a clunker (you need it to get to class on time). You financed the $4,728.48 purchase price for 24 months. They said your payment would be $250. What interest rate did they charge you (assume monthly compounding)?
A) 10% B) 12% C) 16% D) 19% E) 24%
Embezzlement is when:
a. someone is in a position of trust with money and they take it for their use b. someone gives detailed manufacturing information to competitors c. someone leaks information to the press d. someone accepts a bribe in return for services e. someone donates money illegally to a political campaign