Ethical standards would most likely be considered violated if Team Logos Merchandising Corporation deals with a company in a developing nation that
a. agrees to produce goods at Team Logos's desired price.
b. goes unnoticed by "corporate watch" groups.
c. routinely violates labor and environmental standards.
d. pays its workers less than the U.S. minimum wage.
c
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Company leaders that are not satisfied with the ruling of the full Federal Trade Commission (FTC) can appeal to the U.S. Court of Appeals. The danger in appealing to the Court of Appeals is:
A) the company does not have the opportunity to present oral arguments B) the cease and desist orders are normally upheld C) a company may be ordered to pay civil penalties D) the decision is not binding
In routine buying, buyers are often the ________, or at least the approvers
A) monitors B) influencers C) gatekeepers D) deciders E) primary advertisers
Which type of activity includes ensuring that the objectives and goals developed by the organization are being attained?
A) Planning B) Operating C) Control D) Bookkeeping
Which of the following statements are true?
a. The @RISK contains a number of functions such as RISKNORMAL and RISKDISCRETE that make it easy to generate observations from the most important probability distributions. b. You can specify any cell or range of cells in your simulation model as output cells. When you run the simulation, @RISK automatically keeps summary measures (averages, standard deviation, percentiles, and others) from the values generated in these output cells across the replications. c. @RISK has a special function, RISKSIMTABLE, which allows you to run the same simulation several times, using a different value of some key input variable each time. d. All of these statements are true.