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4. Which of the following is a reason for enterprise bargaining? A. Increasing productivity B. Increased production quality C. Reduced cost D. Reduced downtime

4. Which of the following is a reason for enterprise bargaining? A. Increasing productivity B. Increased production quality C. Reduced cost D. Reduced downtime

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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4. Which of the following is a reason for enterprise bargaining? A. Increasing productivity B. Increased production quality C. Reduced cost D. Reduced downtime 5. "Sleep time" is a business that requires timber and other raw materials from the primary sector. They add value to it with machinery, technology and labour to produce output. "Sleep time" is a part of what type of market? A. Resource market B. Industrial market C. Consumer market D. Intermediate market 6. A producer currently sells direct to its customers. Which of the following actions will allow the producer to reduce the number of individual orders handled but still maintain overall volume sales? A. Creating a website for online ordering B. Using an intermediary to sell their products C. Installing a new inventory monitoring system D. Contracting a trucking company to deliver products 7. Which of the following is a characteristic of ethnocentric staffing? A. Hiring the best person for the position regardless of location B. Hiring staff from the country of parent company C. Hiring staff from the country of the host D. Global staffing
Transcribed Image Text:4. Which of the following is a reason for enterprise bargaining? A. Increasing productivity B. Increased production quality C. Reduced cost D. Reduced downtime 5. "Sleep time" is a business that requires timber and other raw materials from the primary sector. They add value to it with machinery, technology and labour to produce output. "Sleep time" is a part of what type of market? A. Resource market B. Industrial market C. Consumer market D. Intermediate market 6. A producer currently sells direct to its customers. Which of the following actions will allow the producer to reduce the number of individual orders handled but still maintain overall volume sales? A. Creating a website for online ordering B. Using an intermediary to sell their products C. Installing a new inventory monitoring system D. Contracting a trucking company to deliver products 7. Which of the following is a characteristic of ethnocentric staffing? A. Hiring the best person for the position regardless of location B. Hiring staff from the country of parent company C. Hiring staff from the country of the host D. Global staffing
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