Assume You Are in the Business of Producing and Selling

question 175

Multiple Choice

Assume you are in the business of producing and selling hamburgers. If you could produce more hamburgers with the same input what would happen to your productivity and profits assuming the price of your hamburgers remains the same?

• A) Increase in productivity, decrease in profits
• B) Increase in productivity, increase in profits
• C) Decrease in productivity, decrease in profits
• D) Decrease in productivity, increase in profits

Recognize the significance and impact of movements opposing globalization.

Comprehend how globalization facilitates the flow of money, information, and people across national boundaries.

Analyze examples of cultural adaptation and imperialism within global commerce.

Explore the dynamics within organizations in the context of globalization, focusing on stakeholder interests.

---

Definitions:

Customer Demand

The quantity and type of goods or services that consumers are willing and able to purchase at various prices during a certain period of time.

Human Resources

The department within a business that deals with the recruitment, management, and direction of people who work in the organization.

Advertising Expenditures

The total amount of money spent on promoting a product, service, or brand through various advertising channels and platforms.

Customer Demand

The desire and willingness of consumers to purchase goods or services at a given price over a specific time period.