The ________ is used to determine merchantability of food products based on what the average buyer is supposed to find in particular food products
A) foreign substance food test
B) contagion test
C) contamination test
D) consumer expectation test
D
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Capital items are long-lasting goods that facilitate developing or managing the finished product. They include two groups: installations and ________
A) natural products B) component materials C) operating supplies D) equipment E) processed materials
Companies with change-resistant cultures are
A. often overly gung ho about looking outside the company for best practices, new managerial approaches, and innovative ideas. B. typically opposed to performance-based incentive compensation and employee empowerment. C. prone to be preoccupied with avoiding risks and are unlikely to pursue actions to capture emerging opportunities. D. typically run by amoral managers who have little regard for high ethical standards. E. often preoccupied with making sure the company has an aggressive strategic vision that embraces risky business strategies.
__________ are labor organizations that represent various groups of professional and white-collar employees in labor management relations.
A. Craft unions B. Industrial unions C. Employee associations D. Management clubs
According to economist Michael C. Jensen, which of the following is a stakeholder of a corporation?
a. Customers only b. Employees and customers, but not managers c. Managers and employees, but not customers d. Customers, employees, and managers