_____ decisions deal with unique situations that have never occurred before.
Fill in the blank(s) with the appropriate word(s).
Nonprogrammed
Rationale: A nonprogrammed decision is a decision that is relatively unstructured and occurs less frequently than a programmed decision.
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Answer the following statements true (T) or false (F)
1.Fears about the downward pressure that low-skilled foreign workers place on the wages of U.S. low-skilled workers have led U.S. labor unions to lobby for import restrictions such as tariffs and quotas. 2.According to the factor-priceequalization theory, international trade encourages the elimination of relative resource prices between nations. 3.Empirical testing by Wassily Leontief gave support to the Heckscher-Ohlin theory of trade. 4.The Leontief Paradox was the first major challenge to the product-life-cycle theory of trade. 5.The Leontief Paradox suggested that, in contrast to the predictions of the factor-endowment theory, U.S. exports were less capital-intensive than U.S. import-competing goods.
Phantom profits result when absorption costing is used and production exceeds sales
Indicate whether the statement is true or false
Raul is chairman of the board of Swif-Vac Corporation. Pinky, a consumer, is injured while using a Swif-Vac product. Pinky sues Swif-Vac, and Raul individually. Swif-Vac may pay Raul's legal fees under
a. the director's right to certification. b. the director's right to compensation. c. the director's right to indemnification. d. no circumstances.
Which of the following may be a reason why an insurance company decides not to renew your policy?
A) You caused an accident as a result of drunk driving. B) You did not take the driving training course offered by your insurance company. C) Your driver's license was suspended. D) Both A and C are correct