Answer the following statements true (T) or false (F)
1. Basic assumptions are the key starting point for ethical decision making within the firm.
2. Lewin’s primary embedding mechanisms are concerned with the behavior and leadership
traits of the most senior managers in a firm.
3. In the unfreezing stages of Kurt Lewin’s three-stage model, the new perceptions and ideals are “locked in.”
4. The 2011 National Business Ethics Survey 2011 found 22% of the respondents had observed misconduct in the workplace, and 45% of these were subject to some form of retaliation.
1. TRUE
2. TRUE
3. FALSE
4. FALSE
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Commerce LLC owes Data Analysis Company $2,000. Commerce executes a note to Data as security for the debt. This security
A. does not constitute sufficient consideration for HDC status. B. does not satisfy the value requirement for HDC status. C. satisfies the consideration requirement for HDC status. D. satisfies the value requirement for HDC status.
The inventory account does not require any subjective estimates by management
a. True b. False Indicate whether the statement is true or false
Annual reports of public companies will include statements from both management and independent auditors regarding the adequacy of internal control
Indicate whether the statement is true or false
Logistics outsourcing refers to a practice in which third-party logistics providers (3PL) manage some of the ______.
A. logistics functions B. manufacturing functions C. marketing functions D. human resources functions