Because of China's Growth,natural Resources

question 5

Multiple Choice

Because of China's growth,natural resources

• A)are in greater demand, but that demand is mostly going to the previously industrialized nations so it is having little effect on economic development in developing countries.
• B)are in greater demand and the natural resources are increasingly coming from developing countries.
• C)prices are falling since China has tremendous negotiating power.
• D)are not in high demand since labor and capital are the emphasized inputs in Chinese manufacturing.

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Definitions:

Organizational Ethics

The standards by which an organization will hold itself accountable to proper conduct; represent the values by which the organization conducts its business. Organizations frequently include a values statement as part of their mission and vision statements.

Company Policies

Guiding principles and procedures established by a company to dictate behavior and decisions in various situations within the business.

Business Values

Fundamental beliefs or principles that guide the actions and decisions of a business organization.

Capitated Payment

A payment scheme in healthcare where providers are paid a set amount for each enrolled patient regardless of the number of services provided, encouraging efficient care.