A large computer manufacturer forbids its executives and managers from serving as directors or officers for Hewlett-Packard or any other corporations from which it might purchase component parts. The company is trying to prevent

A. their employees from having other jobs.
B. a conflict of interest.
C. trade secrets from being revealed.
D. losing its executives to other organizations.
E. fairness and honesty.


Answer: B

Business

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According to Mintzberg, in a ______, an organization’s central headquarters oversees a set of somewhat autonomous divisions, typically large, mature organizations, and limited parallel type of vertical decentralization.

A. divisional structure B. adhocracy C. submarket D. strategic apex E. operating core

Business

The just-in-time (JIT) system is a(n):

A) management system of people and procedures to fulfill all delivery deadlines. B) production system of small-lot manufacturing to reduce work-in-process inventory. C) materials management system for removing all inventories. D) integrated system of managing resources, information, and decision processes to eliminate waste.

Business

GR8 Stuf Company files a registration statement with the SEC before making an offering to the general public. The registration contains false, immaterial statements of which the investors are unaware. GR8 Stuf is charged with violating the Securities Act of 1933. GR8 Stuf's best defense is

A. the investors were not aware of the misrepresentations. B. the issuer reasonably believed the misstatements were true. C. the offering was made available to the general public. D. the untrue statements were not material.

Business

MACRS allocates the same amount of cost each period as determined by the total initial cost divided by the number of years of useful life of the machines

Indicate whether the statement is true or false.

Business