Answer the following statements true (T) or false (F)
1. A code of conduct could also be referred to as a values statement.
2. A code of conduct could be characterized as an application of the code of ethics to specific situations.
3. If a company doesn’t have a specific person in charge of managing ethics by the time it has 50 employees, it has failed in a key measure of ethical behavior.
4. New employees should not be subjected to discussion of the code of ethics until they have learned the flow and style of the organization.
5. A company’s vision statement may reference some of the aspirations inherent to its code of ethics.
1. FALSE
2. TRUE
3. FALSE
4. FALSE
5. TRUE
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A new trend in promotions is the use of technology to replace personal selling
Indicate whether the statement is true or false
Which of the following would give rise to abnormal earnings?
a. Accelerated depreciation b. LIFO costing for inventories and cost of goods sold c. Immediate write-off of research and development d. All of the above
Kingcade Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: HoursWait time19.2?Process time2.0?Inspection time1.0?Move time2.9?Queue time10.0?The throughput time was:
A. 15.9 hours B. 29.2 hours C. 35.1 hours D. 5.9 hours
Which type of venture primarily has a social market impact and economic venture mission?
a. traditional venture b. social purpose venture c. social consequence venture d. enterprising nonprofit venture