1. A lower value of the U.S. dollar means that foreign-made good. normal. 2. In 2050, the projected U.S. non-Hispanic, white population percentage is expected to decrease to about 3. Discussing the future of management, Manager A maintains that we can expect a continued rise of virtual management and growth in technology. Manager B acknowledges that Manager A’s projections are likely, but incomplete. He adds that there will also be an increased focus on ethics and social responsibility, as well as an increased focus on gaining competitive advantages. What is wrong with Manager B’s argument? management. 4. During a change-planning phase, the change agent communicates information gathered through diagnosis directly to the affected people. This process is called 5. Which one of the following is a benefit of transforming to a virtual organization? 6. Suppose the Vietnamese government imposes a tax on imported goods. What is this tax called? 8. When the value of exports from a country exceeds the value of the imports into that country, the country experiences a/an 9. To be effective, a code of ethics must be 10. What is one reason for creating a diverse workforce? 11. Selling products to another country is known as 12. A group of shoe manufacturers in the United States, Japan, Germany, and England have pooled resources to gain a larger market. What is this arrangement called? 13. Of the following laws, which one gives the EPA the authority to set standards regarding the type and quantity of pollutants that industries can discharge into a body of water? 14. Cuba has fertile land, a warm and sunny climate, and inexpensive labor. Great Britain has less fertile soil, a colder and rainier climate, and more expensive labor. Given the same combination of inputs, Cuba would produce much more coffee than Great Britain. Therefore, Cuba has a/an _______ in the production of coffee. 15. What legislative act makes it illegal to charge different prices to different wholesale customers? 17. A total ban on the import of a good from a particular country is called a/an 18. Amazon.com is an example of a 19. The idea that countries should produce and sell goods that they produce most effectively and efficiently is expressed in the concept of 20. A wholesaler or agent who markets products for companies wanting to do business abroad is called a
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