Which of the following describes a country when the income its residents earn from exports is equal to the money its residents pay to other countries for imports?
A. A currency crisis
B. Balance-of-trade equilibrium
C. Balance-of-payments deficit
D. Balance-of-trade surplus
E. Fiscal deficit
B
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In the context of interorganizational processes, which of the following is a disadvantage of modular organizations?
A) They cost significantly more to run than traditional organizations because of the addition of outsourcing costs to their fixed costs. B) They are characterized by a loss of control that occurs when key business activities are outsourced to other companies. C) They are slow because members cannot combine their efforts to meet customers' needs. D) They are unstable and have temporary relationships in a network alliance.
Which of the following would most likely occur during the implementation stage of a training program?
A) presenting the program to a small test audience B) designing the program content for different learners C) conducting a needs analysis of newly hired workers D) providing on-the-job training to the targeted group of employees