NTS Publishing, Inc

question 88

Multiple Choice

NTS Publishing, Inc., together with its subsidiaries, publishes print and electronic products that provide content and digital solutions to customers worldwide. The company decides to make use of virtual teams. Which of the following could be a possible advantage of this?

• A) Use of virtual teams would help them reduce the costs.
• B) This would help the company enhance its corporate culture.
• C) Virtual teams would help them enhance management control.
• D) The organization can reduce the dependence on technology by doing this.
• E) The company can improve its employee socialization process.

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Definitions:

Trade Barriers

Measures implemented by governments to control or limit the volume of goods and services imported or exported, affecting international trade.

Trade Surplus

A situation where the value of a country’s exports exceeds the value of its imports.

Balance of Trade

The difference in value between a country's imports and exports over a given period, indicating the net earnings on foreign trade.

Foreign Trade Sector

The segment of an economy's market dealing with the exchange of goods and services across international borders.