An example of a central tendency error is to avoid rating an employee's performance as "substandard" when, in fact, the performance is substandard
Indicate whether the statement is true or false.c
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A company issued 4,000 shares of $5 par common stock for $30 per share. The company purchased 1,200 shares as treasury stock at $32 per share. Later, the company reissued 400 shares of the treasury stock at $34 per share. Which of the following is true?
a. The Treasury Stock account should have a balance of $25,600. b. The company has a gain of $800 that should appear on the income statement. c. The Treasury Stock account should have a balance of $24,800. d. The company has a gain of $1,600 that should appear on the income statement.
Which of the following questions would be legal to ask of a job candidate?
a. "Are you married?" b. "Who will watch your children if you work for us?" c. "What are the names and relationships of the people with whom you live?" d. None of the above
Ford and Firestone have been named as defendants in lawsuits brought by owners of Ford Explorers who have been involved in rollover accidents in their vehicles. For Firestone to be held solely liable for the accidents:
a. Ford must establish that there was no defect in design or manufacture or warning with its Explorer. b. Firestone cannot be held liable to the Explorer owners because they did not buy their tires directly from Firestone. c. Ford must show that Firestone was aware of defects in its tires. d. None of the above
Advertisements often seek to create needs rather than merely show how a product or service fulfills them. Many critics claim that this aspect of advertising has an adverse effect on consumers' values. Which of the following is the main reason for this claim?
A. Advertising leads to easily-content individuals. B. Creating needs encourages materialism in people. C. Marketers who create needs are likely to gain a greater market share. D. Creating needs is likely to discontinue social stereotyping. E. Consumers are always aware of the difference between needs and wants.