A(n) ________ is a formal statement of a company's values concerning ethics and social issues.
A. law of fairness
B. code of ethics
C. social covenant
D. tying agreement
E. ethics ombudsperson
Answer: B
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Caterpillar's attention was focused elsewhere when Komatsu made its first entry into the Eastern Europe and gained grounds. This is an example of:
A) collaborating. B) loose bricks. C) changing the rules. D) layers of advantage. E) differentiation.
When direct labor and overhead enter the production process at different rates, it is appropriate to use a conversion cost per equivalent unit.
Answer the following statement true (T) or false (F)
A firm's operating cash flow (OCF) is defined as ________
A) gross profit minus operating expenses B) gross profit minus depreciation C) EBIT times one minus the tax rate plus depreciation D) EBIT plus depreciation
Speculators reduce risk of loss by buying instead of selling stock index futures.?
Answer the following statement true (T) or false (F)