An international conference in Bretton Woods, New Hampshire, in 1944 resulted in the formation of:
a. the European Union in 1945.
b. the Kyoto Agreement in 1971.
c. the General Agreement on Tariffs and Trade (GATT) in 1947.
d. the International Red Cross in 1955.
Ans: c. the General Agreement on Tariffs and Trade (GATT) in 1947.
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Only one of the following statements is correct. The statements compare perfectly competitive (PC) markets and monopolistically competitive (MC) markets. Which statement is correct?
A) Productive efficiency is achieved in both PC and MC markets. Allocative efficiency is achieved only in MC markets. B) Allocative efficiency is achieved only in PC markets. Productive efficiency is achieved only in MC markets. C) Productive efficiency and allocative efficiency are both achieved in PC markets. Neither is achieved in MC markets. D) Allocative efficiency is achieved in both PC and MC markets. Productive efficiency is achieved only in PC markets.
The M-Form of corporate organization
a. organizes employees along the functions or tasks that they perform b. organizes employees along the customer types that they serve c. organizes employees along individual projects that arise d. organizes employees into softball teams