Afm 131 Study guides, Class notes & Summaries
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AFM 131 Final Exam Questions & Answers 2023/2024
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AFM 131 Final Exam Questions & Answers 2023/2024 
 
 
Free trade - ANSWER-moving goods/services between countries without political or economic obstruction 
 
Exporting - ANSWER-selling products to another country 
 
Importing - ANSWER-buying products from another country 
 
Balance of trade - ANSWER-relationship between exports & imports 
 
Trade surplus - ANSWER-favourable balance of trade (exports > imports) 
 
Trade deficit - ANSWER-unfavourable balance of trade (imports > exports) 
 
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AFM 131 Review Exam 2023
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AFM 131 CHAPTER 12 HRM STUDY GUIDE TEST 2024.
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AFM 131 CHAPTER 12 HRM STUDY GUIDE TEST 2024. 
 
 
Human Resource management - ANSWER the process of determining human resource needs and then: 
- recruiting 
- selecting 
- developing 
- motivating 
- evaluating 
- compensating 
- scheduling employees to achieve organizational goals 
 
Determine HR needs - ANSWER 1) preparing a human resource inventory of the organization's employees 
 
2) Prepare Job analysis 
 
3) Assessing future HR demand 
 
4) Assessing future HR supply 
 
5) Estab...
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AFM 131 Midterm 1 -2023
- Exam (elaborations) • 16 pages • 2023
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AFM 131 Midterm 1 -2023...
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AFM 131 Module 11 Test 2023
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AFM 131 Module 11 Test 2023...
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AFM 131 Module 12 Latest Update
- Exam (elaborations) • 8 pages • 2023
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AFM 131 Module 12 Latest Update...
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AFM 131 final exam questions & answers 2023/2024
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AFM 131 final exam questions & answers 2023/2024 
 
 
Country A is an extremely efficient producer of tin. However, its climate and terrain makes it difficult to produce corn. According to the theory of comparative advantage, Country A should: 
 
A. produce both tin and corn in order to remain self-sufficient. 
B. watch the global market to see which product brings the highest price. 
C. import the resources needed to produce corn. 
D. concentrate its production on tin and buy corn. - ANSWER-D. ...
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AFM 131 Module 1 Latest Update
- Exam (elaborations) • 5 pages • 2023
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AFM 131 Module 1 Latest Update...
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AFM 131 Exam Accounting Finance Questions & Answers 2023/2024
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AFM 131 Exam Accounting Finance Questions & Answers 2023/2024 
 
 
Chartered Professional Accountants - ANSWER-CPA: Merge of Certified Management Accountants and Certified General Accountants 
 
Transactions - ANSWER-Buying supplies, paying employees, and receiving a loan are all examples of 
 
Accounting System - ANSWER-The method used to record and summarize accounting data into reports 
 
Inputs - ANSWER-Part of the accounting system: Accounting documents such as sales, purchasing or shipping...
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AFM 131 final exam 2023
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AFM 131 final exam 2023...
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