The best environment for high quality ethical decision making involves "thin air thinking."

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


False

It is much more effective to have the time and space in which to consider the questions of ethical decision making immediately, before we are faced with them, than when they become urgent, and we must engage in "thin air thinking," not the best environment for high quality decision making.

Business

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Office Systems Corporation manufactures and sells various high-tech office automation products. Two divisions of Office Systems Corporation are the Computer Chip Division and the Computer Division. The Computer Chip Division manufactures one product, a "super chip," that can be used by both the Computer Division and other external customers. The following information is available on this month's

operations in the Computer Chip Division: Selling price per chip $50 Variable costs per chip $20 Fixed production costs $60,000 Fixed SG&A costs $90,000 Monthly capacity 10,000 chips External sales 6,000 chips Internal sales 0 chips Presently, the Computer Division purchases no chips from the Computer Chips Division, but instead pays $45 to an external supplier for the 4,000 chips it needs each month. Refer to Office Systems Corporation. Two possible transfer prices (for 4,000 units) are under consideration by the two divisions: $35 and $40 . Corporate profits would be ____ if $35 is selected as the transfer price rather than $40. a. $20,000 larger b. $40,000 larger c. $20,000 smaller d. the same

Business

The internal rate of return model does not consistently result in choices that maximize firm wealth

Indicate whether the statement is true or false

Business

An information audit does what?

a. Uncovers current information sources b. Uncovers current information uses c. Uncovers both current information sources and uses d. Uncovers neither current information sources nor uses

Business

In 1947, the international community created the 1947 GATT and incorporated into the context of the principles is the protection of intellectual property to encourage innovation and protection

Indicate whether the statement is true or false

Business