Answer the following statement(s) true (T) or false (F)
1. The Family Medical and Leave Act provides for up to 12 weeks of paid leave due to personal sickness, or sickness of a family member.
2. Pollution is the contamination of water, air, and land.
3. Aluminum cans are the most recycled containers in the United States.
4. Green marketing is important but often detracts from the bottom line.
5. As of this point in time there are no federal standards regulating green marketing.
1. FALSE
2. TRUE
3. TRUE
4. FALSE
5. TRUE
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In the merchandise purchases budget, the required purchases (in units) for a period can be determined by subtracting the beginning merchandise inventory (in units) from the budgeted sales (in units) and desired ending merchandise inventory (in units).
Answer the following statement true (T) or false (F)
According to the textbook, the key to being an ethical person or organization is
a. To make sure that your network does not have any convicts or exconvicts b. To make sure that no one catches you doing something wrong c. To consistently choose to do the right thing d. To make sure that your actions parallel what the organizational culture accepts
Lehigh Roller Skates has three product lines—D, E, and F
The following information is available: D E F Sales revenue $80,000 $40,000 $31,000 Variable costs (30,000 ) (10,000 ) (12,000 ) Contribution margin $50,000 $30,000 $19,000 Fixed costs (10,000 ) (5,000 ) (24,000 ) Operating income (loss) $40,000 $25,000 $(5,000 ) The company is deciding whether to drop product line F because it has an operating loss. Assume that $15,000 of total fixed costs could be eliminated by dropping F. What effect would this decision have on operating income? A) Operating income will increase by $34,000. B) Operating income will increase by $19,000. C) Operating income will decrease by $4,000. D) Operating income will decrease by $15,000.
________ is a valuable leadership trait that allows managers to avoid acting selfishly, control their feelings, and admit when they have made a mistake.
A. Dominance B. Tolerance C. Self-confidence D. Honesty E. Maturity