No firm can take cost-increasing, socially responsible actions in a competitive marketplace and expect to continue to compete, even if those cost-increasing actions yield significant benefits to the firm.?
Answer the following statement true (T) or false (F)
False
Firms that develop governance structures that make it easier to identify and correct accounting problems and potentially unethical or fraudulent practices perform better than firms that have poor governance policies. See 1-4: What Roles do Ethics and Governance Play in Business Success?
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A casual examination of which of the following secondary sources of information shows that companies disclose a good deal of information about their new products, areas of emphasis, job qualifications and standards, new plant or facility locations,
and other information? A) annual reports B) patent and trademark filings C) general business and trade publications D) help-wanted ads
Nanotech Inc leased a new machine having an expected useful life of 20 years from Union Co Terms of the noncancelable 15-year lease were that Nanotech would gain title to the property upon payment of a sum equal to the fair market value of the machine at the termination of the lease. Nanotech accounted for the lease as a capital lease and recorded an asset and a liability in the financial
records. The asset recorded under this lease should properly be amortized over a. 5 years (the period of actual ownership). b. 15 years (75 percent of the 20-year asset life). c. 20 years (the total asset life). d. 15 years (the term of the lease).
SNA is
a. IBM's proprietary network architecture b. expandable in a modular fashion c. able to hide its inner workings from the end user d. all of the above
Answer the following statement(s) true (T) or false (F)
Successful global start-ups, or entrepreneurial businesses that are "born global," surprisingly often lack internationally experienced management.