The average monthly rent for one-bedroom apartments in Chattanooga has been $700 . Because of the downturn in the real estate market, it is believed that there has been a decrease in the average rental. The correct hypotheses to be tested are
a. H0: ? ? 700 Ha: ? < 700.
b. H0: ? = 700 Ha: ? ? 700.
c. H0: ? > 700 Ha: ? ? 700.
d. H0: ? < 700 Ha: ? ? 700.
a
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In a Federal Trade Commission (FTC) case, if at the end of an administrative hearing the judge feels a violation of the law has taken place, the judge will issue a:
A) cease and desist order B) consent agreement C) corrective advertising directive D) trade regulation ruling
Defend or refute: Personality assessment instruments are accurate ways of identifying potential leaders within organizations.
What will be an ideal response?
Which of the following is a characteristic of alternative dispute resolution?
A) They generally consume more time than litigations. B) The person presiding over the resolution process is assigned by a court. C) The presiding person is more likely to be familiar with the subject matter of the dispute than a judge would be. D) The formal hearing times cannot be changed to accommodate the parties involved.
Answer the following statement(s) true (T) or false (F)
1. The public expects firms to be active and proactive in responding to the needs of the community. 2. Few multinational organizations as well as nationally and locally based ones are actively involved with community initiatives such as mentorship programs for disadvantaged students, internships, sponsorship of local school programs, and participation of company leaders on boards of minority organizations in the community. 3. The main obstacle for initiating and maintaining activities that benefit the company’s social environment is economic pressure to demonstrate profitability on a short-term basis, which makes it difficult to allocate the money necessary for long-term commitments to social goals. 4. There is little evidence that links corporate social performance and financial performance. 5. Simpson and Kohers’s (2002) research supports the link between social and financial performance. However, not all of the results were statistically significant.