According to the Reaching Beyond Our Borders Box, How Do

question 117

Multiple Choice

According to the Reaching Beyond our Borders box, how do small business owners use technology to keep their labor costs down?

• A)They have purchased accounting and bookkeeping software like, Quickbooks™
• B)Most have gone in debt to retrofit their manufacturing facilities to include robots on the production lines
• C)They only do business with sweat shops
• D)They solicit the services of Elance.com and other online services to contractually hire graphic designers and other virtual assistants from around the globe

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Definitions:

Option

A financial derivative that represents a contract giving the buyer the right, but not the obligation, to buy or sell an underlying asset at a specified strike price on or before a specified date.

Employee Stock Options

A right, purchased from one party by another, granting the purchaser the option, but not the requirement, to either buy (call) or sell (put) a share at a pre-decided price during a specific timeframe or on a certain date.

Align Goals

The process of adjusting strategies or actions to ensure that various objectives or aims are in harmony or agreement.