Peter Drucker believes that the ethical obligation of business is to bluff within reason
Indicate whether the statement is true or false
FALSE
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Dividing quick assets by total current liabilities is the calculation for the
a. current ratio. b. return on investment. c. quick or acid-test ratio. d. ratio of liabilities to owner's equity.
In a just-in-time manufacturing environment, a flexible work cell is created by
a. grouping similar machines together. b. bringing people with differing work skills together into one work area. c. placing together a complete set of machines that produce a complete product. d. grouping people with similar skills together.
Which two philosophers proposed a social contract theory of morality?
A) Jeremy Bentham and John Stuart Mill B) John Locke and Jean Jacques Rousseau C) Milton Friedman and Henry Ford D) R.J. Reynolds and Arthur Anderson E) Karl Marx and Joseph Story
Peter from Calgary was walking across the street in Halifax. Suddenly Tara from Toronto drove her car through a red light and hit Peter causing him serious injuries. As a result, which of the following statements is FALSE?
A) Peter can sue Tara in a court in Calgary or Halifax B) Peter would start the legal proceedings by filing a statement of claim C) a court in Toronto could have jurisdiction to hear this case D) Tara will have a time limit on when she must file a statement of defense E) Tara's lawyer will have the right to review Peter's medical records