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

1) Corporations and society are interwoven rather than distinct entities.
2) Corporations are legitimate because they have been granted power by society.
3) The principle of public responsibility means that business is responsible to society for providing employment opportunities.
4) The ISO 26000 standard extends far beyond the original ISO 9000 standard by including strict standards for environmental protection.
5) Some corporations have built their competitive advantage on social responsibility initiatives or strategies which set it apart from its competitors.


1) TRUE
2) TRUE
3) FALSE
4) FALSE
5) TRUE

Business

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What is a drawback of setting pay rates based strictly on a pay policy line?

A. The estimated pay for a job may not reflect conditions in the labor market. B. It increases the administrative burden of managing the compensation system. C. Employees have difficulty interpreting regression analysis. D. It increases the costs of surveying the market. E. It groups jobs, which will result in rates of pay for individual jobs that precisely match the levels specified by the market.

Business

Net working capital represents the amount of current assets that is financed with long-term funds.

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

Business

Which of the following is true of qualitative research methods?

A. Qualitative data may be analyzed qualitatively or quantitatively. B. Qualitative researchers emphasize their samples are made up of representative rather than relevant consumers. C. Qualitative researchers seek to fit the answers of research participants into predetermined categories rather than to understand them. D. Qualitative research is used when the objective is to validate facts. E. Qualitative researchers must be able to translate numerical data into meaningful narrative information.

Business

The Securities Exchange Act of 1934 requires publicly held companies to file periodic financial disclosures as updates of their economic activity. The three basic forms used for this updating are Form 10-K, Form 10-Q, and Form 8-K. Required:Describe the information contained in each of the three basic forms noted above.

What will be an ideal response?

Business