Question

5. Recall the “Ease of Doing Business” study. According to the result of this study, of the 190 countries examined, the three countries with the lowest costs of conducting business (i.e., the three countries ranked at “the top” of this list) are ___________________.

A. the United States, South Korea, and Iceland

B. New Zealand, Singapore, and Denmark

C. Norway, Japan, and Italy

D. Germany, Finland, and Canada

6. Which of the following statements is correct?

A. “In a positive-sum environment a win-lose outcome will always be realized.”

B. “In a negative-sum environment a win-win outcome can never be realized.”

C. “A win-lose outcome can possibly be realized in a negative-sum environment.”

D. More than one (perhaps all) of the above statements are correct.

Answer 1

5. Answer : (B) New Zealand, Singapore and Denmark

Economies are ranked based on the ease of doing business. It is released by World Bank and around 10 indicators are used to classify countries. The top position is occupied by New Zealand and Somalia is in bottom position.

6. Answer: (D)All the above statements are correct

A positive sum environment is when the sum of positives and negatives over all people is positive in value. Here, a win-lose situation can be realized.

A negative sum environment is when the sum of positives and negatives over all people is negative in value. Here also, a win-lose situation can be realized but a win-win situation cannot be realized.