Chat with AIExam 2: The Dynamic Environment
_____ is a philosophy in which nations promote trade by easing restrictions,including both tariff and non-tariff barriers.
(68) 
VerifiedB
Discuss in brief the waves of innovation that have taken place since the beginning of the Industrial Revolution.
(88) VerifiedThere are five waves of technological revolution.
•The first wave of innovation took place between 1785 and 1845.This was the time when water power was harnessed,textiles were developed,and iron was extensively used.
•The second wave of innovation took place between 1845 and 1900.This was when the power of steam was harnessed,railways were developed,and steel was put to extensive use.
•The third wave took place between 1900 and 1950.In this period,electricity was discovered and put to use,chemicals were used,and the internal-combustion engine was developed.
•The fourth wave took place between 1950 and 1990,during which period petrochemicals,electronics,and aviation made their presence felt.
•The fifth and final wave of innovation started from 1990 and is expected to continue up to 2020.Digital networks,software,new media,and biotechnology have already arrived.
With each wave innovations spread,stimulating economic booms of increased investment,rising productivity,and output growth.The shortening of successive waves reveals faster innovation.
Technology that is developed on the scale of one-billionth of a meter is known as:
(71) VerifiedC
Which of the following is a trend that works in the legal environment to constrain business behavior?
(78) In the international arena,a _____ is an actor formed of three elements: a ruling authority,citizens,and a territory with fixed borders.
(85) In the Gini index,0 percent stands for absolute inequality and 100 percent stands for perfect equality.
(56) Change in the business environment is the work of 10 deep historical forces or streams of related events.
(75) Which of the following is an internal business environment?
(87) Soft law refers to the voluntarily adopted guidelines for corporate behavior derived from emerging norms and standards in international codes,declarations,and conventions.
(73) ____,especially a few hundred of the largest headquartered in developed nations,are the central forces of current economic globalization.
(81) _____ is calculated as the number of children a woman must have on average to ensure that one daughter survives to reproductive age.
(71) Identify the correct statement regarding the waves of innovation that have taken place since the beginning of the Industrial Revolution.
(82) Herbert Spencer's idea that evolutionary competition in human society,as well as the natural world,weeded out the unfit and advanced humanity is known as:
(84) Although the global population growth is slowing,it will be the highest in the most developed regions.
(81) The nation-state is the unit of human organization in which individuals and cultural groups can influence their circumstances and future.
(73) 
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