If you purchase a product listed as “fair trade,” you can be confident that ______.
a. the maker or seller is not living in poverty
b. the product was produced with sustainable practices
c. the supply chain from maker to you was entirely free of unethical practices
d. a Western-level price was paid to the maker of the product
b. the product was produced with sustainable practices
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Private label goods have grown less popular over the past few decades as the products offer retailers lower margins
Indicate whether the statement is true or false
Which of the following statutes specifically covers employees of airline carriers?
A) The Norris-LaGuardia Act B) National Labor Relations Act C) Labor-Management Relations Act D) Railway Labor Act
Stanton Inc. is considering the purchase of a new machine, which will reduce manufacturing costs by $5,000 annually and increase earnings before depreciation and taxes by $6,000 annually. Stanton will use the MACRS method to depreciate the machine, and it has estimated the depreciation expense for the first year as $8,000. Which of the following is the supplemental operating cash flow for the first year if Stanton's marginal tax rate is 40 percent?
A. $15,000 B. $23,000 C. $40,000 D. $9,800 E. $4,500
You have taken a job in industry and are facing your first ordering decision. As you prepare to place the order, you remember your instructor teaching you that you wouldn't use the EOQ formula if:
A) you followed a make-to-stock strategy for an item with stable demand. B) your carrying costs and ordering costs are known and relatively stable. C) the order size is constrained by capacity limitations such as the number or size of the delivery trucks. D) your setup costs and holding costs remain constant and can be determined.