Reference no: EM132296982
1. Which of the following is an advantage of direct investment?
There is no risk of devalued or restricted currency.
The firm keeps full control over the investment.
Direct investment involves lower risk as compared to joint venturing.
Direct investment involves minimum investment
Direct investment involves the least change in the company's investments and mission.
2. Which of the following statements is true of industrial economies?
Industrial economies create a new rich class and small but growing middle class.
The vast majority of people in industrial economies engage in simple agriculture.
Industrial economies are rich in one or more resources but poor in other ways.
Industrial economies consume most of their output and barter the rest for simple goods and services.
Industrial economies export their goods to other types of economies for raw materials.
3. Write one possible learning objective for each of the following hypothetical training programs. Research will need to be conducted on potential training content and what would be considered successful completion of training.
A. Diversity training for mid level managers
B. New data input software training for accounting staff
C. Safety training on blood-borne-pathogens for all employees
D. Training for cashier at McDonald's
E. Training for a new hostess at a local restaurant
F. Training on how to use a floor polisher for a school janitor
True/false
4. The four formats for statements of work given in the textbook are: Performance, Functional, Design, and Level of Effort.
5. The ideal service supplier focuses on cost reduction ahead of customer satisfaction.
6. Value engineering is focused on the product development stage.