Which of the following statements differentiates conscious marketing from CSR?
A. It is often grafted on to traditional business model.
B. It is independent of corporate purpose or culture.
C. It sees limited overlap between business and the planet.
D. It recognizes that business is a subset of society.
E. It reflects a mechanistic view of business.
Answer: D
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The Starch Company experiences a 20% increase in sales over the previous year. However, gross profit actually decreased by 10% from the previous year. What are some of the possible causes for an increase in sales but a decline in gross profit?
Jasper makes a $45,000, 90-day, 6.5% cash loan to Clayborn Co. The amount of interest that Jasper will collect on the loan is: (Use 360 days a year.)
A. $243.75. B. $2925. C. $1462.50. D. $32.50. E. $731.25.
Which of the following steps in the negotiation process is an exchange of personal greetings prior to the actual bargaining process?
A. building the relationship B. preparation C. bidding D. gathering information
Melvin is concerned about not having enough air conditioning units in inventory during June, July, and August so he keeps extra inventory to guard against stockouts during this critical period. Melvin is keeping
A. short order lead times. B. just-in-time inventory. C. a controlled usage rate. D. safety stock. E. excessive inventory.