unemployment and low inflation. D) low inflation and low trade deficits. Answer: B Diff: 1 Topic: Section: 1.1 Question Status: Previous Edition 2) The main reason that the United States has such a high standard of living is A) low unemployment. B) high average labor productivity. C) low inflation. D) high government budget deficits. Answer: B Diff: 1 Topic: Section: 1.1 Question Status: Previous Edition 3) Average labor productivity is the A) amount of workers per machine. B) amount
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CHAPTER 15 TEST REVIEW RECONSTRUCTION AND THE NEW SOUTH Multiple Choice Questions 1. Reconstruction of the South after the Civil War was viewed by the victorious Northerners as A) a means by which the industrial capacity of the South could be rebuilt B) the best means by which poor whites could be given positions of power in the South C) the only way the South could be prevented from restoring their pre-Civil War society D) a necessary evil
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Section One: Questions # 2 and #3 Question #2 a. Define and explain the term Culture Ans.: Culture is a set of shared values‚ understandings‚ assumptions‚ and goals that are learned from earlier generations‚ imposed by present members of a society‚ and passed on to succeeding generations. Culture is basically the way of life of a people: what they eat‚ the music they listen‚ how they dress‚ their meal times‚ their language and art form‚ and so on. b. Give examples if operational conflicts that
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The UNIVERSITY of NEWCASTLE Faculty of Business & Law LEGL2002 LAW OF BUSINESS ORGANISATIONS Semester 1 2014 MCQ Revision Test SAMPLE PAPER Time Allowed – 50 minutes (including reading time) Value – 10% of total mark. Total Number of Questions – 20 questions Closed book test – no phones‚ calculators or printed materials are allowed Student ID – Please place your student ID card on your desk for checking during the test. All questions are to be answered on the pink GPAS provided.
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Chapter 5: Time Value of Money Multiple Choice Questions 1. What is the total amount accumulated after three years if someone invests $1‚000 today with a simple annual interest rate of 5 percent? With a compound annual interest rate of 5 percent? A. $1‚150‚ $1‚103 B. $1‚110‚ $1‚158 C. $1‚150‚ $1‚158 D. $1‚110‚ $1‚103 Level of difficulty: Easy Solution: C. Simple interest rate: $1‚000 + ($1‚000)(5%)(3) = $1‚150 Compound interest rate: $1‚000(1.05)3 = $1‚158 2
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MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) A field of study that investigates the impact of individuals‚ groups‚ and structure on behaviour within organizations is known as A) psychology. B) sociology. C) social psychology. D) anthropology. E) organizational behaviour. 2) What is characteristic of Johan’s department is that there is a broad mix of people in terms of gender‚ race and ethnicity. This is known as A) diversity
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pleased with aid given them by the Coolidge administration B. governmental agencies were receiving too much financial support from the Coolidge administration C. American industrial and commercial leaders approved of the Coolidge administration’s business policies D. consumers had benefited from the Federal Reserve Board’s tight money policy from 1925 through 1928 E. Congress was pleased by President Coolidge’s accommodating stance toward pork barrel legislation 8. Which of the following contributed
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Topic 1: International Business 1. Why companies engage in international business? There are three major operating objectives that underline the reasons for companies to engage in international business: -expanding sales: pursuing international sales usually increases the potential market and potential profits -acquiring resources: foreign sources may give companies lower costs‚ new or better products‚ additional operating knowledge -minimizing risk: international operations may reduce
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1.. Identify the five cultural dimensions identified by Geert Hofstede and describe them indicating their importance in international business. 2.. Compare the advantages and disadvantages of various modes of entering foreign markets. 3.. Why do we have international strategic alliances? What are the forms and their respective advantages and disadvantages? ---------------- 4.. Consider a firm facing a make-or-buy decision‚ Provide 2 potential benefits and 2 risks that the firm may face from outsourcing
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Chapter 07 Foreign Direct Investment True / False Questions 1. (p. 242) A firm becomes a multinational enterprise when it undertakes foreign direct investment. TRUE 2. (p. 242) Licensing involves the establishment of a new operation in a foreign country. FALSE 3. (p. 242) If a firm that makes bicycles in Germany acquires a French bicycle producer‚ Greenfield investment has taken place. FALSE 4. (p. 242) The amount of FDI undertaken over a given time period is known as the
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