Core values provide ethical guidelines for how individual employees will behave.
Answer the following statement true (T) or false (F)
True
Organizational core values are the ethical standards and norms that govern the behavior of individuals within a firm or organization.
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Pocono Co purchased a patent at the beginning of 2016 for $490,000 Economic benefits were expected for 7 years, but the patent's legal life was 20 years. Also during 2016, the company incurred research and development costs of $150,000 . Patent amortization expense for 2016 is
a. $24,500 b. $150,000 c. $72,143 d. $70,000
Communication interactions that take place through some type of technology such as a telephone, e-mail, or text message are known as ______ communication.
a. mass b. mediated c. face-to-face d. digital
Intensive distribution is often used with ________
A) consumer packaged goods B) industrial equipment C) luxury goods D) nonmass-market goods
Bob signed a contract to donate to a charity every month. He included a clause that the contract would be terminated if the charity did not function properly. What restriction has Bob established in this contract?
A) commercial impracticability B) condition precedent C) condition subsequent D) novation