Which of the following is a duty of a socially responsible organization toward its customers?
A. Involving consumers when accounting for traditional financial indicators such as earnings
B. Using strategies such as planned obsolescence for the organization's growth
C. Following laws that prevent anticompetitive behavior such as predatory pricing
D. Being involved in competitive practices such as collusion and monopoly
Answer: C
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Characteristics of an effectively worded strategic vision statement are most likely to include
A. achievable, profitable, and ethical. B. balanced, responsible, and rational. C. realistic, customer-focused, and market-driven. D. challenging, competitive, and "set in concrete." E. graphic, directional, and focused.
Which of the following statements is true?
A. Different stock indexes normally show the same total returns. B. Stock indexes do not provide information on dividends. C. Mutual funds encourage investors to invest in the same security instead of diversifying. D. The S&P 500 is an example of a mutual fund.
Which of the following statements is NOT true of the civil litigation process?
a. Most large civil cases are ultimately settled rather than going to trial. b. Settlement discussions and negotiations are often introduced at trial. c. Either of the parties may negotiate a settlement at any time during the litigation. d. Civil cases are often heard by judges instead of juries.
Events A and B are mutually exclusive. Which of the following statements is also true?
A. A and B are also independent. B. P(A?B) = P(A)P(B) C. P(A?B) = P(A) + P(B) D. P(A?B) = P(A) + P(B)