The residents of Alaska and people throughout the world were outraged when the Exxon Valdez crashed into a shoal and dumped millions of gallons of crude oil into the pristine waters of Prince William Sound. People were upset with Exxon's response to the disaster. The company was slow to admit its mistake and even slower to implement cleanup activities. Exxon was criticized for acting in a manner that would benefit the organization but not society. In short, Exxon did not demonstrate
A. value consciousness.
B. green marketing.
C. social responsibility.
D. cause marketing.
E. profit responsibility.
Answer: C
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Incurring actual indirect factory wages in excess of budgeted amounts for actual production results in a:
A) quantity variance B) controllable variance C) volume variance D) rate variance
In a free trade area, members drop their tariffs with one another,
A. but each retains external tariffs. B. but their duties with one another remain in force. C. and they also combine their tariffs with other nations. D. and labor can move freely among the members.
What does it mean for a manager to have a wide span of control? Would you expect the span of control to be wide or narrow when subordinates are highly trained professionals? Support your answer.
What will be an ideal response?
During a period of low inflation, there is nothing businesses can do to increase their profit margins.
Answer the following statement true (T) or false (F)