Which of the Following Is LIKELY to Be Viewed as a Pro-Business

question 52

Multiple Choice

Which of the following is LIKELY to be viewed as a pro-business government policy from the perspective of companies competing on an international basis?

• A) Argentina increases its interest rate on loans to foreign entrants from 15% to 19%.
• B) The European Union imposes a 16% tariff on the import of agricultural produce.
• C) Australia introduces a permanent employer-sponsored visa program for skilled manpower.
• D) Denmark levies a per metric ton carbon tax on electricity.
• E) The Chinese government favors partial local ownership of foreign-owned companies.

Understand the role and effects of affirmative action in employment.

Understand the concept of expatriates and the circumstances under which an individual is considered an expatriate.

Recognize the significance of human resource management (HRM) in mergers, acquisitions, and downsizing processes.

Identify the components and benefits of high-performance work systems.

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Definitions:

Splitter Slip-Out

A situation where the splitter gear in a transmission disengages unexpectedly, often leading to a loss of power or control.

Clutch On Upshifts

The action of engaging the clutch during upward gear changes to smooth the transmission of power in a vehicle.

Pre-Selecting

Pre-selecting involves the advance selection or setting of a mode, gear, or option before it is actively needed, allowing a system or device to respond more quickly or fluidly at the moment of activation.

Twisted Mainshaft

A mainshaft that has suffered deformation, often due to excessive torque or a manufacturing defect, leading to misalignment of gears or components.