_________________ is defined as the development of scientific knowledge as applied to machinery and devices.

a. Customer relationship management systems
b. Technology
c. Networking
d. Software


b. Technology

Business

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When standard costs are used in applying the cost-plus approach to product pricing, the standards should be based upon normal levels of performance

Indicate whether the statement is true or false

Business

__________ comes from within the individual and is independent of the position he or she holds in an organization.

a. Legitimate power b. Organizational power c. Personal power d. Coercive power

Business

When two professors conducted a study of the American and the Japanese tort systems, they found that the:

a. two systems bear no comparison b. two systems have major differences c. two systems are not all that different in results d. Japanese tort system is far superior in protecting consumers e. American tort system if far superior in protecting consumers

Business

In Gieseke v. IDCA, Gieseke formed a company to compete with his old employer and worked with one of the former owners of his old employer in the new company. His former employer moved some of the equipment of the new company and changed its mailing address without permission of Gieseke or his partner. When Gieseke sued, the courts held that the former employer acted properly to recover property

and information improperly taken by Gieseke.. a. True b. False Indicate whether the statement is true or false

Business