Imagine the use (or misuse) of data collected from consumers by a marketing research firm. One of the issues that might arise is the way the data are collected. At what step in the framework for ethical decision making would this issue be identified by the marketing research firm?
A. Step 1
B. Step 5
C. Step 4
D. Step 3
E. Step 2
Answer: A
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Discuss the different ways that can be adopted by small manufacturing firms to conduct market research
What will be an ideal response?
(CMA adapted, Dec 86 #20) On January 1, Year 1, Nicole Company sold its 5-year, $100,000 face value, 8% bonds at $108,530, to yield an effective annual interest rate of 6%. The bonds are dated January 1, Year 1, and interest is payable annually on January 1 . Using the effective interest method of premium amortization, the amount of interest expense (rounded to the nearest dollar) reported by
Nicole Company in Year 1 is a. $1,488 b. $6,512 c. $8,000 d. $8,682 e. $9,681
Jane and Joan decide to open a plumbing business. Both contribute money to the business, but
because Jane has expertise in plumbing, she makes all the management decisions. Joan will not participate in any of the day-to-day operations. Jane and Joan will split net income equally. This enterprise is: A) A partnership. B) Not a partnership because they do not share management responsibilities. C) Not a partnership because they do not co-own the business. D) Not a partnership because they are not carrying on a trade or business. E) Not a partnership because there is no association of two or more people.
Explain the differences between mediation and arbitration. When are these methods of dispute resolution most likely to be used?
What will be an ideal response?