Why should business be ethical, according to Figure 5.1?
A. Ethical behavior protects business firms from abuse by unethical employees and competitors.
B. Society's stakeholders expect it from businesses.
C. Most people want to act in ways that are consistent with their own sense of right and wrong.
D. All of these answers are correct.
Answer: D
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The price of a certain amount of goods and services a year back was $200. If price increased by 4 percent during the year, how much money is required to buy the same amount of goods today?
A. $208 B. $204 C. $400 D. $404
Which of the following terms best describes the assumption made in applying the four inventory methods?
a. Cost flow b. Goods flow c. Asset flow d. Physical flow
What type of structured data includes sensor data, point-of-sale data, and web log data?
A. Machine-to-machine (M2M) B. Human-generated C. Systems thinking D. Machine-generated
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A. downsizing B. early retirement C. retraining D. natural attrition E. skill decreases