Which of the following statements best describes the possibilities for small businesses in global markets?
A. Small businesses have little chance of competing against giant multinational corporations in global markets.
B. Small businesses already dominate global business. In fact, most multinational corporations are actually quite small.
C. Small businesses are often better prepared to enter global markets than large, bureaucratic corporations.
Answer: C. Small businesses are often better prepared to enter global markets than large, bureaucratic corporations.
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Which of the following BEST describes the service sector?
a. It employs roughly 76 percent of the Canadian work force. b. It is rarely capital intensive, as most services do not need high technology. c. It tends to create fewer new jobs than the manufacturing industry. d. It is decreasing in importance in Canada.
The degree to which employees believe that if they work toward a certain performance objective they will be able to achieve that objective is:
A. merit. B. instrumentality. C. valence. D. expectancy.