A new business fails to prioritize ethics training for its employees, and as a result a low-trust environment develops among the different departments of the business. Based on management theorist W. Edwards Deming’s quoted thoughts about the importance of trust, what might one predict will happen?
a. A culture of intense corruption will form, with most employees acting unethically with respect to the customer.
b. Each department will pursue its own self-interest instead of the interests of the entire business, and the business will suffer.
c. The business’s profits and public image may rise to new heights, but internal
dynamics and employees’ happiness with their work will suffer.
d. The loss of trust will lead to a rapid confrontation with governmental ethics authorities and a likely demise of the business.
b. Each department will pursue its own self-interest instead of the interests of the entire business, and the business will suffer.
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Acceptance of goods occurs when a:
A. buyer makes a payment by cash or check for the goods. B. seller ships the goods to a buyer. C. buyer inspects the goods. D. buyer indicates that he or she will take the goods.
The life expectancy of a particular brand of tire is normally distributed with a mean of 40,000 and a standard deviation of 5,000 miles. What percentage of tires will have a life of 35,000 to 45,000 miles?
A. 31.73% B. 68.27% C. 50% D. 95%
An employer identification number (EIN) is NOT commonly used for:
A. Proprietorship B. Partnership / LLC C. Tax documents D. Corporate identification
________ are visual representations of data or information and are a type of report format
Fill in the blank(s) with correct word