A code of ethics especially for project managers:

A) has been established by the Project Management Institute.
B) has been formulated by the Federal government.
C) has been formulated by the World Trade Organization.
D) is inappropriate, since everyone should use the same guidance on ethical issues.
E) does not exist at this time.


A

Business

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The attitudes that Ryan's customers develop after they have purchased his yearly lawn care service will become the basis for determining whether or not they renew each year. He needs to convey ________ by delivering the right services the right way.

A. reliability B. responsiveness C. empathy D. tangibles E. assurance

Business

Reliance damages are awarded in addition to expectation damages

a. True b. False Indicate whether the statement is true or false

Business

In Whalen v. Union Bag & Paper Co, where a paper mill polluted a farmer's creek so he sued to stop the pollution, the appeals court noted that:

a. if courts refused to grant injunctions when the damage to the plaintiff is slight compared with the defendant's expense of abating the condition, it would favor the poor litigant over rich defendants b. if courts refused to grant injunctions when the damage to the plaintiff is slight compared with the defendant's expense of abating the condition, it would deprive the poor litigant of his little property by giving it to those already rich c. if courts refused to grant injunctions when the damage to the plaintiff is slight compared with the defendant's expense of abating the condition, it would increase pollution d. if courts refused to grant injunctions when the damage to the plaintiff is slight compared with the defendant's expense of abating the condition, there would be no more pollution suits e. if courts refused to grant injunctions when the damage to the plaintiff is slight compared with the defendant's expense of abating the condition, it would unfairly favor low income plaintiffs

Business

Chance Corporation began operating a new retail business in the current year and had $500,000 of sales, $70,000 of which had not been collected by year-end. Total purchases were $350,000 on which $30,000 is still owed. Ending inventory is $60,000; operating expenses are $170,000, $50,000 of which is still owed at year-end.

a. Compute net income from the business under the accrual method. b. Compute net income from the business under the cash method. c. Would paying the $50,000 she owes for operating expenses before year-end change her net income under the accrual method? Under the cash method?

Business