QUESTION It quickly becomes apparent that there is no medical consensus over whether the disputed pesticide causes long-term medical effects when used according to directions. Management, therefore, does not want to discontinue use of the pesticide as replacing it would be costly; however, it proposes to provide more detailed instructions to avoid misuse of the […]
QUESTION Torgo’s CEO takes the position that opening permanent operations in Sri Lanka will benefit the company as well as Sri Lanka itself. Which of the following, if true, most weakens the CEO’s position? A) Asian countries tend to have large amounts of inexpensive labor available. B) Torgo Software employs some of the best IT […]
QUESTION After the contract has been negotiated and approved by both sides, a situation arises in which a new employee is slightly sickened when a supervisor instructed her to enter a greenhouse too soon after fumigation. The worker, accompanied by a union steward, presents a grievance to the supervisor, who insists that the injury was […]
QUESTION Which of the following, if true, most strengthens the CEO’s argument for undertaking operations in Sri Lanka? A) The cost of living is much lower in Sri Lanka than in the United States. B) Few other similar companies do business in Sri Lanka. C) Unemployment is currently very low in Sri Lanka. D) Labor […]
QUESTION Which of the following is the LEAST appropriate way to engage in offshoring operations? A) Choose offshoring companies and suppliers in which candidates meet a complete set of requirements. B) Commit to consistently effective communication with offshore suppliers. C) Collaborate with chosen suppliers so as to develop their competencies. D) Give offshore suppliers as […]
QUESTION Which of the following is the LEAST appropriate way for the company to get its current employees on board with the offshoring plan? A) Carefully plan offshoring so as maintain the company’s core competencies. B) Redeploy any laid-off workers to other positions in the company or to other companies. C) Inform middle managers that […]
QUESTION With which of the following statements would Granger and Harrison both agree? A) Outsourcing has the potential to cause large-scale shifts in the world economy. B) Outsourcing does not lead to any job loss for workers in developed economies. C) Outsourcing leads to net improvements in the world economy. D) Outsourcing leads to loss […]
QUESTION Which of the following is the central issue between Granger and Harrison? A) whether outsourcing is a viable way for companies to improve their bottom line B) whether outsourcing is in the long-term interest of companies in developed economies C) whether U.S. companies can find competent business partners domestically D) whether offshore companies can […]
QUESTION Risk is uncertainty about the chance of loss or the amount of possible loss. Indicate whether the statement is true or false. ANSWER Answer: TRUE Explanation: Undergoing something that is inherently risky entails the possibility that loss will occur.
QUESTION Actuarial tables are calculations of the number of specific events that have occurred in past years. Indicate whether the statement is true or false. ANSWER Answer: FALSE Explanation: Actuarial tables are calculations of the number of specific events that are predicted to occur in a future year.
