Author Question: _____ are special because they can affect currency values and the fiscal and monetary policies of ... (Read 73 times)

vinney12 · **on:** Jun 29, 2018

_____ are special because they can affect currency values and the fiscal and monetary policies of governments, shape public perception of competitiveness, and determine the level of imports a country can afford.
a. Protectionistic laws
b. Mixed aid credits
c. Exports
d. Nontariffs

Question 2

Discuss the factors that influence whether or not business research is needed.

bob · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

C

Answer to Question 2

The determination of the need for business research centers on:

(1) Time constraints - systematic research takes time, and sometimes the urgency of a situation precludes the use of research.
(2) Availability of data - when managers lack adequate information, data need to be collected from an appropriate source in a timely fashion.
(3) Nature of the decision - in general, the more strategically or tactically important the decision, the more likely it is that research will be conducted.
(4) Benefits versus costs - when deciding whether to make a decision without research or to postpone the decision in order to conduct research requires examining whether the payoff or rate of return will be worth the investment, whether the information gained by research will improve the quality of the decision enough to warrant the expenditure, and whether the proposed research expenditure is the best us of the available funds.