To Ensure That a Free Trade Agreement Does Not Result

question 100

Multiple Choice

To ensure that a free trade agreement does not result in trade diversion, which of the following has to come within the scope of WTO?

• A) Nontariff barriers
• B) Services
• C) Energy markets
• D) Tax rates

Acknowledge the role of corporate social responsibility and its effects on human resources management.

Realize the significance of cultural values in shaping HR management philosophy.

Define primary and strategic stakeholder groups and their importance for organizational survival.

Grasp the concepts of tangible and intangible assets within a firm.

---

Definitions:

Hofstede's Dimensions

A framework for cross-cultural communication, developed by Geert Hofstede, that describes the effects of a society's culture on the values of its members and how these values relate to behavior.

Unpredictability

The quality of being unable to be predicted or foreseen, often resulting in uncertainty or variability in outcomes.

Uncertainty Avoidance

A cultural dimension that describes the extent to which people in a society are uncomfortable with ambiguity, risk, and uncertainty in their daily lives.

Hofstede's Dimensions

A framework for cross-cultural communication, which describes the effects of a society's culture on the values of its members, and how these values relate to behavior.