Your university sends a contingent of top-ranking officials to Las Vegas hotels to study ways to improve dormitory living conditions. This is an example of process benchmarking
Indicate whether the statement is true or false.
Answer: TRUE
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According to Patrick J. Robinson, the eight stages in the business buying-decision process are known as ________
A) buyphases B) buybacks C) buyouts D) buyables E) buyoffs
A belief in ethical relativism leads to the conclusion that
A. whether the use of underage labor and the payment of bribes/kickbacks should be deemed ethical or unethical depends on the moral standards, values, and business norms that prevail in particular cultures, societies, countries, or circumstances. B. standards of right and wrong are governed by what is legal in a given country-thus whether the use of underage labor and the payment of bribes and kickbacks are ethical or unethical is governed by local law. C. ethical standards are objective and universal-thus whether the use of underage labor and the payment of bribes and kickbacks should be deemed ethical or unethical is definitely not dependent on the moral standards, values, and business norms that prevail in particular cultures, societies, countries, or circumstances. D. ethical standards are determined objectively (rather than subjectively). E. since ethical standards are subjective, it is perfectly appropriate for each company to define and implement its own ethical principles of right and wrong as concerns the use of underage labor and the payment of bribes and kickbacks.
Job enlargement strategies focus on dividing work into more specialized tasks.
Answer the following statement true (T) or false (F)
You are trying to help your aunt figure out how much she owes on a recent flurry of medical bills that resulted from her recent bypass surgery
Her company provided PPO plan includes the following provisions, $2,400 deductible, 10% co-pay and a $6,000 maximum out-of-pocket limit. You have summarized her bills as follow: doctor visits $1,500, surgeon and other docs $16,000, operating room $15,000, hospital stay $21,000, rehabilitative service $10,000. How much does she owe in total on these enormous bills? A) $2,400 B) $61,100 C) $6,000 D) $8,510