Within a firm, social responsibility begins with management's attitude.

Answer the following statement true (T) or false (F)


True

Business

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Backpacks Galore has an online tool that offers a wide variety of backpacks for direct purchase. The tool even allows customers to select an option to monogram their backpacks. Which of the following has Backpacks Galore most likely used?

A) phishing site B) online forum C) Web blog D) community Web site E) marketing Web site

Business

A sales maximization goal for a retailer is reflected in which pricing strategy?

a. market penetration pricing b. administered pricing c. pricing above the market d. market skimming pricing

Business

A company's inventory records indicate the following data for the month of July:July 1Beginning380 units at $15 eachJuly 5Purchased270 units at $17 eachJuly 10Sold400 units at $50 eachJuly 20Purchased300 units at $22 eachJuly 25Sold400 units at $50 eachIf the company uses the weighted average inventory valuation method and the perpetual inventory system, what would be the cost of its ending inventory? (Round average cost per unit to 2 decimals, and final answer to the nearest dollar.)

What will be an ideal response?

Business

Which of the following is an example of passive fraud?

A) A homeowner tells a home buyer that the basement of the home never floods, when in fact the homeowner knows it has several significant leaks. B) An attorney fails to tell his or her client of an offer to settle a case. C) A thrift store sales clerk mistakenly tells a customer that a table is oak instead of pine. D)A car salesman tells a customer that he believes the latest model of certain pickup truck is more reliable than previous models.

Business