According to the case on Meg Whitman, former CEO of eBay, eBay

a. added transparency to the buying and selling process
b. profited by reducing transparency and thus taking advantage of sellers’ greater ignorance
c. profited by reducing transparency and thus taking advantage of buyers’ greater ignorance
d. transparency has no effect on business profits or on how customers use eBay, but she believes in being transparent for ethical reasons anyway


a. added transparency to the buying and selling process

Business

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The major difference between gross and net profit is that net profit _____

a. includes transportation charges b. uses a cost complement calculation c. is based on LIFO, while gross profit is based on FIFO d. deducts retail operating expenses

Business

You have gathered data from printed and online sources as well as from a survey. What should you do to organize the writing of your report?

a. Reduce quantitative data to a usable form through statistical techniques. b. Question whether every piece of information available makes a real contribution to the outcome of the study. c. Combine, summarize, and condense useful information so that the reader can understand it more easily. d. Do all of the above.

Business

Which of the following is the first step in determining an internal skill-based structure?

A. performing skill certification B. describing and evaluating the skills C. performing skill analysis D. arranging skill blocks into a skill structure E. grouping related skills into a single unit

Business

What are the set of principles that dictate acceptable behavior called?

a. values b. ethics c. moral philosophy d. attitudes e. mindsets

Business