Rather than have a global economy in which each country specializes entirely in what it produces most efficiently, most countries produce goods that they also import. (for example, the united states both produces and imports automobiles.) this can best be explained by the fact that: a. most countries use tariffs and quotas to restrict imports. b. most consumers prefer to buy imported goods. c. market economies cannot trade efficiently with non-market economies. d. as countries move toward specialization, opportunity costs change rather than remain constant.

Biochemical corp. requires $600,000 in financing over the next three years. the firm can borrow the funds for three years at 10.80 percent interest per year. the ceo decides to do a forecast and predicts that if she utilizes short-term financing instead, she will pay 7.50 percent interest in the first year, 12.15 percent interest in the second year, and 8.25 percent interest in the third year. assume interest is paid in full at the end of each year. a)determine the total interest cost under each plan. a) long term fixed rate: b) short term fixed rate: b) which plan is less costly? a) long term fixed rate plan b) short term variable rate plan

Ethics refers to fundamental principles of right and wrong; ethical behavior is behavior that is consistent with those principles. hrm decisions should be ethical, but the evidence suggests that is not always the case. many ethical issues in the workplace involve hrm. in the context of ethical human resource management, hr managers must view employees as having basic rights. in this activity, you will look at the four principles for ethical behavior and the basic rights employees should expect in the work environment. hr managers must view employees as having basic rights, for such a view reflects ethical principles embodied in the u.s. constitution and bill of rights. organizations often face situations in which the rights of employees are affected. ethical, successful companies act according to four principles: emphasizing mutual benefits, employees assuming responsibility for the actions of the company, companies having a sense of purpose or vision that employees value, and emphasizing fairness.

The game "whack-a-mole," in which the player must "whack" randomly appearing moles with a hammer as quickly as possible when they peek their heads out, is best described as a task