Postcommunist Russia

question 64

Multiple Choice

Postcommunist Russia

• A)experienced a 50 percent drop in its economy from 1991 to 2001.
• B)developed "crony capitalism" and "gangster capitalism."
• C)moved toward greater authoritarianism under Putin.
• D)suffered a decline in population.
• E)All of these.

Grasp the impact of ergonomics, management disciplines, and federal regulations on organizational effectiveness.

Comprehend the concept of organizational systems and their inputs, throughputs, and outputs.

Understand the significance of quality improvement and total quality management in business success.

Recognize the impact of global competition and corporate strategies on organizations.

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Definitions:

Reportable Segments

Components of an enterprise about which separate financial information is available and is evaluated regularly by the chief decision-maker in deciding how to allocate resources.

Assets

Economic resources owned or controlled by a business, viewed as having value and expected to provide future benefits to the operations.

Profits

The net income received by a company after deducting all expenses, taxes, and costs.

Unrealized Gain

Profit that has been made on paper from investments but has not yet been converted to cash by selling the asset.