Examlex
Which of the following statements is false about Total Quality Management:
Positive Economics
Real-world economics that focuses on describing, analyzing, and explaining economic phenomena as it actually is, not as it should be.
Ceteris Paribus
A Latin phrase meaning "all other things being equal," used in economics to isolate the effect of one economic variable from the influence of others.
Normative Economics
A branch of economics that deals with value judgments about what the economy should be like, focusing on what ought to be rather than what is.
Post Hoc
Post hoc refers to a logical fallacy where it is assumed that if one event occurs after another, it must have been caused by the first event.
Q11: Greenfield investments allow firms to develop markets
Q13: Internationalization causes firms to rethink their supply
Q30: The UN's transnationality index favors firms with
Q47: Uneven distributions of wealth, xenophobia (dislike of
Q52: When you have a budget, you cannot
Q66: Negotiations in the Middle East involve much
Q67: Tradition-based economies have all of the following
Q93: Being first into emerging markets allows firms
Q98: Where markets are undeveloped, or show signs
Q117: In high context cultures, the communicator's social