SEU Management Free Trade Area Differing from Customs Union Questions

11.3 Test your Knowledge (Question):       

Q-1

Discuss how free trade area differs from customs union.

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12.3 Test your Knowledge (Question):       

Q2-

Discuss the functions of the foreign exchange market.

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Read the following and answer the questions that follows:

Walmart: “Save Money. Live Better.”

With annual revenues of almost half a trillion dollars (2017), 2.3 million employees, and nearly twelve thousand stores worldwide, Walmart is the largest private employer on the planet. In fact, it is bigger than many national economies, including some in the developed world. In 2007, it replaced its longstanding slogan, “Always Low Prices,” with “Save Money. Live Better.” Walmart attempts to demonstrate virtuousness by holding itself out as a responsible corporation, concerned especially for the lower-income families that make up the majority of its customers. But the company has experienced problems over the years, including lawsuits over illegal firing of employees, withholding of overtime pay and benefits, violations of foreign workers’ rights, wage violations, violations of child labor laws, and failure to provide health coverage where and when applicable. Thousands of Walmart’s U.S. employees are also reported to be receiving public assistance to make ends meet. Meanwhile, the Walton family, operators of the retailer that purports to help people “live better,” recently made $12.7 billion in a single day.

11.3 Test your Knowledge (Question):

Q3-

As a company executive, would you try to increase employee benefits? Why or why not?

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Textbook: Wheelen, T. L., Hunger, D., Hoffman, A. N., & Bamford, C. E. (2014). Concepts in strategic management and business policy (14th ed.). Upper Saddle River, NJ: Prentice Hall. ISBN-13: 9780133126129 (print), 9780133126433 (e-text)

12.3. Test your knowledge 

Question 4

How can corporate culture be changed?

Question 5

When should someone from outside a company be hired to manage the company or one of its business units?

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Action Required:

Click on the following link and read the article. https://hal.science/hal-00591880/document

12.3 Test your Knowledge (Question):

Q6

. Write a short summary of the article

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Action Required:

https://www.youtube.com/watch?v=eeVNIfXjOGM

12.3 Test your Knowledge (Question):

Q7

. What is the importance of scheduling in operations Management?

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12.2 Action Required:

Read the following statement:

“Ethics provides accountability between the public and the administration”

12.3 Test your Knowledge (Question):

Q8-

Does ethics provide accountability between the public and the administration?

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Textbook: Wheelen, T. L., Hunger, D., Hoffman, A. N., & Bamford, C. E. (2014). Concepts in strategic management and business policy (14th ed.). Upper Saddle River, NJ: Prentice Hall. ISBN-13: 9780133126129 (print), 9780133126433 (e-text)

12.3. Test your knowledge 

Question 9

How can corporate culture be changed?

Question 10

When should someone from outside a company be hired to manage the company or one of its business units?

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Watch the video at the following link

https://youtu.be/INnPo0QPXf4

11.3 Test your Knowledge (Question):

Q11

What is a budget?

Q12-

What are the requirements for effective budgeting?