A buyer's decisions are influenced by ________ such as culture, subculture, groups, gender roles, and family
A) personal characteristics
B) situational factors
C) perceptions
D) social factors
E) psychological factors
D
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When discarding equipment, depreciation need not by updated
Indicate whether the statement is true or false
In the retail inventory method, the cost to retail ratio is equal to the cost of goods sold divided by the retail price of the good sold
Indicate whether the statement is true or false
Which of the following actions is consistent with social responsibility and is not necessarily inconsistent with stockholder wealth maximization?
A. Selling a smokestack "scrubber" required by the firm's air pollution policy that is also mandated by law. B. Dumping effluent discharge into a river, where it ruins the drinking water of the community around the plant. The installation of machinery to treat the effluents is very expensive. C. Investing in a smokestack filter to reduce sulphur-dioxide emissions to decrease the tax being levied on the firm by the state for pollution it produces each year. D. Making a large corporate donation to the local community for funding a recreation complex that can be used by the firm's employees only. E. Consider taking over the competitor's business in an attempt to establish monopoly for its product in the market.
Once a law is passed in Congress it must be signed by the ________ before it becomes law.
A. president of the United States B. attorney general C. speaker of the House D. secretary of state E. president pro tempore of the Senate