One of the favorite foods in Thailand is shark fin soup. A San Francisco-based organization claimed the soup made by its leading producer contained mercury poison, yet the leading producer of shark fin soup wanted to continue selling the soup because it believes it has a responsibility to its investors to be profitable. In terms of the pyramid of corporate social responsibility, this indicates that the soup manufacturer was operating at a(n) _____ responsibility level.
A. legal
B. philanthropic
C. ethical
D. economic
E. cultural
Answer: D
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In the following diagram, which of the following provides the best interpretation of the multiplicities for the association between the cash disbursements and employees classes?
A. Each cash disbursement must be made by one employee. B. A cash disbursement can be made by a combination of several employees. C. An employee can make a maximum of one cash disbursement. D. A cash disbursement must be made by the employee who made the purchase.
Which of the following questions are addressed by an effective sales presentation?
A. What is the value-added of the product? B. What is the sales turnover ratio of the organization? C. What is the shareholding pattern of the board of directors of the organization? D. What is the estimated growth in sales of a product in the next quarter? E. What are the marketing strategies adopted by the company to ensure its sales?
A more egalitarian work environment _____ status and power differences and _____ collaboration and teamwork.
A. lessens; increases B. lessens; decreases C. increases; lessens D. increases; increases
Which of the following is an assumption of the economic order quantity model?
a. Lead time for the receipt of orders is constant and known. b. Quantity (or volume) discounts are available. c. Multiple products are involved. d. Demand is not known.