1. The terms "ethical" and "legal" are synonymous (mean the same thing), when it comes to global business. Select one: T
Posted: Tue Jul 05, 2022 11:43 am
1. The terms "ethical" and "legal" are synonymous (mean the samething), when it comes to global business.
Select one:
True
False
2.Companies may hire locally when cost is an issue (i.e.,expatriates often bring high relocation/travel costs).
Select one:
True
False
3. Among the advantages for the franchisee are:
a.
Reduced risk and unlimited room for creativity
b.
Ongoing help & support and limited creativity
c.
None of the above
d.
Ongoing help & support and reduced risk.
4 . Miranda is a Wall Street lawyer who charges $500 per hourfor her legal services. It turns out that Miranda can also typefaster than the administrative assistants in her office, who arepaid $40 per hour. Even though Miranda clearly has the absoluteadvantage in both skill sets, should she do both jobs?
a.
No, because she will lose $500
b.
Yes, because she will earn $540 an hour as opposed to just$500
c.
Yes, because she will save $40 an hour
d.
No, because each hour spent typing will cost her $460 or leisuretime.
Select one:
True
False
2.Companies may hire locally when cost is an issue (i.e.,expatriates often bring high relocation/travel costs).
Select one:
True
False
3. Among the advantages for the franchisee are:
a.
Reduced risk and unlimited room for creativity
b.
Ongoing help & support and limited creativity
c.
None of the above
d.
Ongoing help & support and reduced risk.
4 . Miranda is a Wall Street lawyer who charges $500 per hourfor her legal services. It turns out that Miranda can also typefaster than the administrative assistants in her office, who arepaid $40 per hour. Even though Miranda clearly has the absoluteadvantage in both skill sets, should she do both jobs?
a.
No, because she will lose $500
b.
Yes, because she will earn $540 an hour as opposed to just$500
c.
Yes, because she will save $40 an hour
d.
No, because each hour spent typing will cost her $460 or leisuretime.