Which of the Following Is the Most Effective Way to Achieve

question 74

Multiple Choice

Which of the following is the most effective way to achieve organizational global awareness?

• A) Hiring employees based on the sole criterion of global awareness.
• B) Organizing employee trips to foreign cultures to increase their sensitivity.
• C) Increasing the diversity mix of the front-level employee profile.
• D) Having a culturally diverse senior executive staff or board of directors.
• E) Promoting social networking as a means to improve inter-cultural communication.

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Definitions:

Break-even Point

The point at which total costs equal total revenue, meaning no profit or loss is made.

Contribution Margin Ratio

The percentage of each sales dollar remaining after variable costs have been deducted.

Fixed Expenses

Costs that do not change with the level of output or sales in the short term, such as rent or salaries.

Break-even Point

The production level at which total revenues equal total expenses, resulting in no profit or loss.