Which of the Following Is the Best Example of a Voluntary

question 185

Multiple Choice

Which of the following is the best example of a voluntary export restraint?

• A)a limit imposed by the U.S. government on the number of cell phones that the United States can import from Korea
• B)a subsidy granted by the U.S. government to domestic cell phone manufacturers so they can compete more effectively with foreign cell phone manufacturers
• C)a limit set by the Korean government on the number of cell phones that the United States can import from Korea
• D)a $50 per-cell phone fee imposed on all cell phones imported into the United States

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Definitions:

Root Cause

The fundamental reason for the occurrence of a problem, which when resolved, prevents a recurrence of that problem.

Cost Drivers

Factors that cause a change in the cost of an activity, including production volume, labor hours, and machine hours.

Process Perspective

An approach focusing on the activities and workflows in an organization to improve processes and achieve strategic goals.

Traditional Approaches

Traditional approaches refer to conventional methods or techniques that have been historically used within a field or industry.