Explain how to calculate the slope of a line. What does the slope measure?
What will be an ideal response?
The slope of a line is a measure that indicates whether the relationship between the variables is positive or negative. It tells us how much of a response there is in variable y (on the vertical axis) when variable x (on the horizontal axis) changes. The slope is calculated by taking the change in variable y and dividing by the change in variable x.
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Which of the following is a major reason for offshoring?
a. The gradual diminishing of global technological advances. b. Increased global demand for services. c. Reductions in international trade barriers. d. All of the above are major reasons for offshoring.
Which of the following is a major reason for offshoring?
a. Advances in information and communication technologies. b. The inability of companies to fragment production processes. c. The gradual decline in worldwide competition. d. All of the above are major reasons for offshoring.