Advocates of the profit-seeking school of social responsibility argue that business entities have a responsibility to act in a manner that benefits all of society

Indicate whether the statement is true or false


FALSE

Business

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Heather applied for a promotion, but her manager promoted a coworker because the manager knew Heather was seven months pregnant. The manager did not want to promote someone who would probably be taking time off of work for childbirth and child care. The manager has acted legally and reasonably to protect her company's interests.

Answer the following statement true (T) or false (F)

Business

The cost of equipment might include all of the following except:

A. Installing cost. B. Invoice cost. C. Assembling cost. D. Unpacking damage repair cost. E. Testing cost.

Business

Operational managers play a crucial role in an organization because they

A. are responsible for translating the general goals developed by strategic managers into more specific objectives and activities. B. give feedback on the performance of the top management. C. provide the link between management and nonmanagement personnel. D. are responsible for facilitating successful team performance. E. contribute direction and strategy to the organization.

Business

Which of the following statements concerning shared appreciation mortgages is false?

A) Even when the value of the home declines, the lender receives a minimum percentage of your equity in the home. B) They typically have a lower contract rate than traditional home mortgages. C) They typically allow you to qualify for a more expensive home. D) If you have not sold the home when the mortgage matures, you still have to pay the lenders' share of the home's appreciation.

Business