Please answer all part of questions, thanks. 4.Which of the following is a reason for enterprise bargaining?A. Increasing productivityB. Increased production qualityC. Reduced costD. Reduced downtime5. "Sleep time" is a business that requires timber and other raw materials from theprimary sector. They add value to it with machinery, technology and labour toproduce output."Sleep time" is a part of what type of market?A. Resource marketB. Industrial marketC. Consumer marketD. Intermediate market6. A producer currently sells direct to its customers.Which of the following actions will allow the producer to reduce the number ofindividual orders handled but still maintain overall volume sales?A. Creating a website for online orderingB. Using an intermediary to sell their productsC. Installing a new inventory monitoring systemD. Contracting a trucking company to deliver products7. Which of the following is a characteristic of ethnocentric staffing?A. Hiring the best person for the position regardless of locationB. Hiring staff from the country of parent companyC. Hiring staff from the country of the hostD. Global staffing

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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

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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