Decreased global demand for goods and services is an example of a(n) ____________ influence on the job market.
a. economic
b. social
c. political
d. technological
e. industrial
Answer: a. economic
Business
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According to your text, which of the following is a key element of high-performance work systems?
A. organization B. a rigid hierarchy C. measurable skill sets D. the right people E. exact synchronization between divisions
Business
MagNet is a U.S. company based in Utah. It is negotiating to sell $4 million worth of computer goods to a French company, Legran. MagNet's attorney suggests that payment be by a letter of credit. What is a letter of credit and why does MagNet's attorney recommend payment by letter of credit?
Business