An Atlanta jury awarded $4.24 million compensatory damages to a family whose son was killed when his pickup truck exploded. The jury also awarded the family an additional $100 million damages. The second award is known as:
a. complicated damages b. punitive damages
c. equitable damages
d. concurrent damages
e. none of the other choices
b
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The objective of inventory management is to minimize inventory costs while
A. having only enough supplies on hand as needed for production or resale. B. increasing stockouts. C. eliminating safety stock. D. maintaining an adequate supply of goods to satisfy customers. E. facilitating electronic data interchange.
Jerry works as a claims adjuster. He is hired by insurance companies on a contract basis to adjust claims when they need his services. What kind of claims adjuster is Jerry?
A) Independent B) Public C) Private D) Direct
Steve is part of a production team that has researched and chosen a new manufacturing process to improve product quality. He has discovered data that disputes some of the claims of the production team but decides to ignore the information and support the team's original decision. Steve is being adversely influenced by
A. groupthink. B. representative bias. C. the illusion of control. D. devil's advocacy. E. organizational learning.
Cheryl is on vacation across the country from her hometown and she's hungry. Ahead she sees the familiar Golden Arches and knows she can find her favorite hamburger. These Golden Arches are:
A. a patent. B. a trade promotion. C. yellow to attract attention. D. a trademark.