Which of the Following Indices Provided by the Institute for Supply

question 41

Multiple Choice

Which of the following indices provided by the Institute for Supply Management (ISM) is considered the most important by economists because it is a composite of five weighted,seasonally adjusted indices?

• A)Purchasing Managers Index
• B)Export Orders Index
• C)Production and Inventory Index
• D)New Orders Index

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Definitions:

Group Meeting

Gatherings of individuals within an organization or community aimed at discussing issues, making decisions, or sharing information.

Antiunion

Describes attitudes, policies, or actions that are opposed to labor unions and their activities.

Pro-company

A bias or orientation that favors the interests and viewpoints of employers or the management side over workers or unions.

Commercial Building Janitors

Workers responsible for the cleaning and maintenance of commercial properties, often involved in labor discussions due to their working conditions.