QUESTION Which of the following questions is NOT relevant to Parallel Beauty Salon’s decision to expand its hours and include a mini-snack bar and a childcare service? A) Does the salon currently have enough space to house a childcare area and a mini-snack bar? B) Are the salon’s hair stylists willing to work additional hours […]
QUESTION What is the primary goal of shareholders in a business? What will be an ideal response? ANSWER Answer: to make a profit on returns on their investment in shares in the company Explanation: People invest in businesses to build their wealth.
QUESTION In making the decision between hiring a greater number of temporary workers and partnering with a tutoring and testing outsourcing firm, all of the following questions would be relevant EXCEPT which one? A) Would TLS have any responsibilities to the workers it hires that exceed its responsibilities to the workers hired by the outsourcing […]
QUESTION Which of the following, if true, weakens the CEO’s case for outsourcing to Latin America? A) Latin America has rapidly growing markets in consumer products. B) Labor conditions in Latin America are volatile. C) Latin American countries have mostly friendly relations with one another. D) Companies in Latin America are quite knowledgeable about American […]
QUESTION Which of the following, if true, strengthens the case for Martinet to not outsource some of its operations to Latin America? A) Shipping costs between the United States and Latin America are low. B) Martinet’s workers just won a number of expensive concessions from the company in its latest labor contract. C) The specialists […]
QUESTION Martinet’s CEO thinks that the company has good reason to outsource some of its processes to Latin America. Which of the following, if true, strengthens the CEO’s argument? A) Many Latin American countries have strained relations with the United States. B) Shipping costs to and from Latin America are high. C) Labor in Latin […]
QUESTION Hugh’s position rests on which of the following assumptions? A) The free-market system is not the most economically desirable one. B) Consumers care more about environmental responsibility than getting what they want. C) Businesses are the only entities that can provide environmental benefits. D) The free market provides no natural inducements for businesses to […]
QUESTION Which of the following is NOT considered an example of social differences that a successful business must address? A) expanded use of technology B) increased cultural diversity C) growth in college attendance D) declining importance of religion E) increased acceptance of gays and lesbians ANSWER Answer: A Explanation: A) The widespread use of […]
QUESTION Mariko’s position rests on which of the following assumptions? A) Competition between businesses leads to consumers getting what they want. B) The free market is the only way that businesses can be socially conscious. C) Consumers only get quality-of-life enhancement from products and services. D) Most businesses do not care whether they enhance quality […]
QUESTION Which Key Business Rule directly addresses both individuals and the organization? A) Rule 1: You must meet the needs of stakeholders. B) Rule 3: You must master the competitive environment. C) Rule 4 : You must deal with an interdependent global economic system. D) Rule 5 : You must be ethically and socially responsible. […]
