Economic value added is synonymous with shareholder wealth created by an investment center
Indicate whether the statement is true or false
T
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The problem-solving competency in the skills model is most similar to ______.
A. dominance in trait approach B. Katz’s conceptual skill C. Katz’s technical skill D. knowledge in Mumford’s model
If the most optimistic and pessimistic times for a task are 3 and 15 days, respectively, then the variance for the duration of the activity is ______.
A. 3.00 B. 4.00 C. 5.00 D. 6.00
Source Perrier S.A., the supplier of Perrier bottled water, exercised ________ when it recalled 160 million bottles of water in 120 countries after traces of a toxic chemical was found in 13 bottles. The recall cost the company $35 million, and the profit from $40 million in lost sales. Even though the chemical was not harmful to humans, the president of the company believed it was his duty to remove "the least doubt, as minimal as it might be, to weigh on the image of the quality and purity of our product."
A. moral idealism B. utilitarianism C. profit responsibility D. cause marketing E. stakeholder responsibility
Tina is a real estate broker who has been asked to sell a property by a client. The property is exactly what she has wanted for herself. She knows the seller is unaware of the value of the property and is relying on her to make the best decision. She knows if she markets it aggressively, she can get several thousand dollars more for the property than the seller is asking. Tina talks to her son and asks him to buy the property in his name, with her funds, and to transfer the property to her after the transaction is completed. She contacts her client and tells him she has a buyer ready who is offering to purchase the property for a thousand dollars over the listing price. The seller agrees to the sale unaware of the other issues involved. As it relates to the topic of this chapter, which of
the following best describes Tina's actions? A. Tina has sacrificed a thousand dollars more than she needed to pay for the property. B. Tina has no ethical issues because the seller received more money in the transaction than the listing price. C. Tina has knowingly engaged in a conflict of interest. D. Tina helped her client enter a transaction in which everyone benefitted.