An engineering team has members from Egypt, Malaysia, Australia, Argentina, and the United States. They communicate by email and videoconferencing. The collaborative work of this globalized team is made easier mainly because of ________
A) technological innovation
B) declines in trade barriers
C) increases in quotas
D) increases in democratization
E) a shrinking role for developing nations
A
Explanation: A) Dramatic technological advances in communication have made it possible to manage the global production of products. People are able to share information more rapidly and cheaply.
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Which of the following is NOT a part of the principles of good regulation set forth by the World Bank?
A. Increase court involvement in business matters. B. Focus on enhancing property rights. C. Expand the use of technology. D. Make reform a continuous process.
If an investment center has a $90,000 controllable margin and $1,200,000 of sales, what average operating assets are needed to have a return on investment of 10%?
a) $900,000 b) $210,000 c) $120,000 d) $1,200,000