Technology and the Global Business Environment

Which of the following types of information and communication technology (ICT) can be considered a specialist application?

• Microsoft Word

• Power Point

• Microsoft Excel

• Accounting Quickbooks

An advantage of E-Commerce is:

• The loss of jobs resulting from the automation of tasks.

• The cost of setting up and managing websites and other technology.

• Digital products such as music and books can be received instantly when purchased.

• Customers have to wait a few days or weeks to receive the products purchased.

All of the following are benefits of International trade EXCEPT:

• It increases competition in the domestic market.

• It increases domestic sales.

• Is spreads the risk of the business.

• It increases sales in new markets.

Which of the following are indicators of a country's standard of living?

• Level of consumption of goods and services

• Level of pollution in the country

• Average disposable income of the population

• Access to modern technology

All of the following are included in the Human Development Index (HDI) EXCEPT:

• GDP Per Capita

• Levels of Poverty

• Standard of Education

• Life Expectancy

Which of the following is examined when discussing a country's quality of life?

• Level of Crime

• Availability of Healthcare

• Availability of Fast Food

• Life Expectancy

Which of the following is NOT a benefit of economic growth?

• Higher incomes

• Unemployment

• Lower government borrowing

• Improved public service

Which person will be counted as unemployed according to official statistics?

• Bill who worked only 35 hours last week.

• George who neither has a job nor is looking for one.

• Joan who is waiting for her new job to start.

• Harry, who has retired and is not looking for work.

What is a MAIN function of the World Trade Organization?

• To settle trade disputes

• To preserve the environment

• To support the financial sector

• To conduct research on petroleum-related issues

What is a positive effect of international migration to the Caribbean?

• Labour shortages can occur in particular industries when the skilled, educated leave the country.

• Remittances sent to family in Caribbean countries mean the inflow of currency into a Caribbean country and a better quality of life for family members.

• The loss of trained, skilled and experienced workers is known as a 'brain drain'.

• Migrants may have to settle for less than optimal jobs, especially in the initial settlement phase.