When a concave downward function is present, increasing advertising expenditures result in:

A) greater sales
B) diminishing returns
C) average returns
D) further advertising expenditures


B

Business

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______ corporate social responsibility focuses on maximizing profits while obeying the law; it focuses on increasing sales and cutting costs to maximize returns to stockholders.

A. Federal B. Local C. Ceiling D. Legal

Business

As a consequence of the French government investigation following receipt of eight DVDs of encrypted data, $250 to $300 million was recovered from the proceeds of

a. Illegal arms sales b. Money laundering c. Tax evasion d. Blood diamond extraction

Business

According to expectancy theory, valence

A. can be positive or negative. B. is the perceived likelihood that employees' efforts will enable them to attain their performance goals. C. can link effort to performance. D. is the perceived likelihood that performance will be followed by a particular outcome. E. results in a person's level of performance.

Business

Which of the following statements is (are) true with respect to profit-sharing plans?

I. There is no limit on the amount that an employer can contribute annually to an employee's account under a profit sharing plan. II. Profit sharing plans offer greater funding flexibility for employers than under other qualified plans. A) I only B) II only C) both I and II D) neither I nor II

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