The modeling process begins with the framing of a ______________ that shows the relationships between the various parts of the problem being modeled
a. mathematical model b. conceptual model
c. circular model d. correlation model
b
RATIONALE: It is often useful to begin the modeling process with a conceptual model that shows the relationships between the various parts of the problem being modeled.
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The Bretton Woods Accord established:
a. a floating exchange rate b. trade regulations c. limitation on trade restrictions d. fixed exchange rate e. the comparative advantages for all involved countries
When Ikea was poised to open a flagship store outside Moscow in 2001, its executives were approached by employees of the public local utility. If Ikea wanted electricity for its planned grand opening, the public utility officials needed individual cash payments
a. Ikea could pay the money as a facilitation payment and not violate any anti-bribery laws b. Ikea and other companies from Sweden do not follow the OECD requirements on bribery so Ikea could pay the officials and not violate any laws c. The payment to the public officials would be a bribe and would violate Swedish law d. The anti-bribery provisions apply only when a company offers to pay them, not when public officials request payments
Which of the following is true of external equity pay comparison?
A. It influences employees' willingness to accept promotions. B. It involves comparisons with employees with higher-level jobs in the organization. C. It influences whether employees accept transfers. D. It influences employees' decisions regarding whether to stay or move to another organization. E. It involves comparisons with employees with lower-level jobs in the organization.
Which of the following is not a specific challenge to global business systems?
A) shortages of skilled consultants B) cultural expectations C) different telecommunication standards D) different data transfer speeds E) unreliable phone networks