The Japanese Approach to Management Emphasizes Rapid Advancement,individual Decision Making,and

question 57

True/False

The Japanese approach to management emphasizes rapid advancement,individual decision making,and long-term employment.

Recognize the scarcity and characteristics of natural resources.

Understand the economic concept of "no free lunch" and opportunity cost.

Distinguish between goods and services in the economy.

Learn the structure and function of the circular-flow model in economics.