In Economics, Choices Must Be Made Because We Live in a World

question 162

Multiple Choice

In economics, choices must be made because we live in a world of

• A)unemployment.
• B)scarcity.
• C)greed.
• D)unlimited resources.

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Definitions:

Overseas Assignments

Assignments given to employees that require them to work in a foreign country, typically for the purpose of gaining international experience, filling specific skill gaps, or expanding business operations.

Business Conduct

The manners, attitudes, and professional behaviors practiced by individuals and companies in a business context.

Firm and Unyielding

Describes a person or stance that is steadfast and inflexible, not easily swayed or changed.

Tolerance for Ambiguity

The ability to remain comfortable and function effectively in situations that are uncertain, unclear, or unpredictable.