Scenario - the Renna Company

question 34

Multiple Choice

Scenario - The Renna Company
Established in 1956,the Renna Company has always maintained its operations within the boundaries of the United States.Originally based in Lexington,Kentucky,this company has now expanded operations into thirteen other U.S.states.While it's inexpensive and efficient cooling and heating products are in high demand even in foreign markets,this company contends it has no desire for international expansion.
Conducting operations strictly within the U.S.borders does not appear to have limited this company overly much.It realized net profits of two billion dollars last year and provided gainful employment for over four thousand workers.The leaders of the Renna Company realize greater profits could be attained through international expansion.However,they stand in agreement when they state,"It is not always the money that best defines the worth of an organization."
The company desire to stay true to its mission statement,which claims,"It will serve the marketplace of the United States with its superior products and provide job opportunities with a fair wage for its employees." The Renna Company is very proud of its products and enjoys the fact they are produced and sold in the United States of America.This company truly reflects the success possible when holding to the fact that "Made in America" is still a winner.
-Which one of the following statements is least likely to be a rationale explaining why the Renna Company staunchly desires to avoid global expansion?

• A) Globalization can create a wearing away of old industries.
• B) Globalization brings into play the concept of sustainable development.
• C) Globalization can contribute to an increase in environmental degradation.
• D) Global expansion often leads to greater integration and interdependence among economies and societies,which can bring about injustices.
• E) Economic change comes with a high price tag including job losses and wages that become stagnant.

Interpret the importance of variability in descriptive statistics.

Recognize and calculate the inclusive and exclusive ranges.

Understand the significance of each measure of variability in data analysis.

Associate the appropriateness of different variability measures with different types of data.

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Definitions:

Occupational Safety

The discipline focused on the safety, health, and welfare of people engaged in work or employment, aiming to reduce workplace hazards and prevent injuries.

Chemical Encounters

Interactions or exposures to chemical substances within an environment, especially pertaining to occupational health and safety.

Occupational Safety

The discipline focused on protecting the safety, health, and welfare of people engaged in work or employment.

Employee Behavior

The behavior exhibited by employees in the workplace as a result of organizational practices, policies, culture, and individual motivations.