Proponents of the ________ school of social responsibility argue that because business managers are responsible only to a board of directors that represents shareholders, the corporation cannot be trusted to act in a socially responsible manner
A) profit-oriented
B) managerial
C) institutional
D) regulation
D
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Some desert beetles can live without ever drinking liquid water. They survive on "metabolic water," which
A. is water absorbed directly from the atmosphere. B. is water that was stored in the beetle's tissue during its larval stage. C. is water formed during the electron transport chain. D. is water obtained from eating other organisms. E. is water formed during glycolysis.
Market offerings are limited to physical products
Indicate whether the statement is true or false
Which of the following statements concerning Medigap insurance is false?
A) All companies that sell Medigap insurance must sell at least a basic policy that addresses several gaps in Medicare insurance. B) If you purchase a Medigap policy upon turning age 65, you cannot be turned down or charged extra because of your health status or medical condition. C) Federal and state permission to sell Medigap policies does not indicate that the policies may be reasonably priced. D) Medigap insurance is purchased from the federal government.
KidCo Cereal Company sells "Sugar Corns" for $2.50 per box. The company will need to buy 20,000 bushels of corn in 6 months to produce 40,000 boxes of cereal. Non-corn costs total $60,000
What is the company's profit if they purchase call options at $0.12 per bushel with a strike price of $1.60? Assume the 6-month interest rate is 4.0% and the spot price in 6 months is $1.65 per bushel. A) $6,504 profit B) $8,005 loss C) $12,064 profit D) $11,293 loss