Mavin is the regional manager of Crustie Mex, a packaged food company. He is respected by his peers and subordinates for his immense knowledge and skills. Mavin decides to quit the company for a higher position at another firm. The CEO of Crustie Mex entices him with a competitive compensation package and promotion because he knows that Mavin is an important resource. The given scenario most likely exemplifies the concept of _____.
A. free trade
B. blurred retirement
C. workforce advantage
D. social responsibility
Answer: C
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Mavis Company's statement of cash flows showed net cash provided by operating activities of $47,000 in 2016. Mavis reported an increase in accounts payable of $6,000, an increase in inventory of $2,000, depreciation expense of $3,000, and dividends paid of $8,000. Mavis's net income for 2016 was
A) $48,000. B) $40,000. C) $39,000. D) $32,000.
Which of the following statements describes frustration of purpose?
a. It corresponds to commercial impracticability. b. It may constitute an excuse for nonperformance. c. It constitutes a breach of contract by the seller. d. It corresponds to an objective impossibility of performance.
If I discovered that I unintentionally violated a federal environmental regulation, I should just wait and see if anything happens before taking any action
Indicate whether the statement is true or false
Technology has matured to the point that as new technologies are introduced, potential ethical issues are immediately addressed
Indicate whether the statement is true or false