Fall $2021$ BUS $2570$ Midterm Exam $17.$ The purpose of the World Trade Organization is to A$)$ facilitate trade among member nations through a system of rules B$)$ recommend legislation to lessen the advantages of more advanced nations relative to developing countries C$)$ manage foreign currency exchanges to alleviate the effects of inflation D$)$ enforce quotas and tariffs imposed by member nations $18.$ In terms of workplace diversity, the New Millennium has witnessed increased focus ce A$)$ complying with laws and regulations laid down by the Equal Employment Opportunity Commission B$)$ assimilating minorities and women employees into the corporate setting C$)$ shifting from compliance to include everyone in diversification efforts D$)$ diversity and inclusion for business success, profitability, and growth $19.$ involves defining the organization's goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate work activities A$)$ Execution B$)$ Logistics C$)$ Planning D$)$ Operations $20.$ When formal planning fails to lead to higher performance, which one of the following is most likely to be the reason for the failure? A$)$ A participative style of planning was used. B$)$ Managers were allowed too much autonomy C$)$ The company emphasized the control function over other functions. D$)$ External forces constrain managers options