Reference no: EM132298587
1. Which of the following is identified in your textbook as one of the causes for the Great Recession?
A. A decline in global liquidity
B. Global warming
C. Fundamental flaws in the U.S. automobile industry
D. Excessively low interest rates for a long period of time
E. Unethical business practices
2. Which of the following occurs when individuals are concerned with respecting and protecting individual liberties and privileges?
A. Social obligation
B. Social responsibility
C. Utilitarian
D. Theory of justice
E. Rights view
3. Which of the following involves a specific type of strategic alliance in which the partners form a separate, independent organization for some business purpose?
A. Joint venture
B. Exporting
C. Importing
D. Global sourcing
E. Licensing
4. What is typically the source of an organization's culture?
A. External stakeholders
B. Vision or mission of founders
C. Political environment
D. National and international events
E. Sociocultural environment
5. If the company builds a small facility, its profit is $60K when demand is high (50%) and $60K when demand is low (50%). If the company builds a large facility, its profit is $100K when demand is high (50%), and when the demand is low (50%), the company can either cut prices to earn $60K or do nothing to earn $20K. How much does the company want to pay for the perfect information about the demand information?
A. $0
B. $10k
C. $25k
D. $40k
Please show all work
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Most effective in preventing future violations
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The causes for the great recession
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