In Modern Times,it Is Not a Country Per Se but Rather

question 49

Multiple Choice

In modern times,it is not a country per se but rather a controller of capital and know-how that gives the country in which it is domiciled a comparative advantage over another country.These controllers of capital and technology are

• A)the state.
• B)the multinational corporations (MNCs).
• C)portfolio managers of international mutual funds.
• D)none of the options

Recognize the processes involved in personnel recruitment and job analysis.

Comprehend the significance of psychological testing and its application in the workplace.

Grasp the impact of social and physical factors on worker behavior and productivity.

Understand the legal and ethical considerations in I/O psychology.

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Definitions:

Perpetual Inventory System

An inventory system that tracks merchandise in real-time, updating inventory records immediately upon purchase or sale.

Periodic Inventory System

An inventory accounting system where updates to inventory levels and Cost of Goods Sold are made at set intervals.

GAAP

Generally Accepted Accounting Principles, which are a common set of accounting principles, standards, and procedures that companies must follow when they compile their financial statements.

IFRS

International Financial Reporting Standards, a set of accounting standards providing a global framework for how public companies prepare financial statements.