General Electric (GE) disrupted itself in the healthcare industry by

A. saturating the global market with multiple diagnostic devices.
B. introducing inexpensive and smaller diagnostic devices in developing countries.
C. replacing the top levels of the executive hierarchy.
D. targeting the comparatively less price-sensitive sections of the market.


Answer: B

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Select the statement or situation that would likely not challenge the merit argument that the most qualified candidate for a position has earned or deserves it and the denial of this dessert is unjust.

A. The son or daughter of a high-level executive in a publicly traded company receives preferential hiring treatment. B. Candidates for a job do not necessarily have a legitimate expectation that hiring decisions will always be based solely on qualifications. C. The public advertising for a position expressly states its qualifications. D. The candidate from one's own alma mater receives preferential hiring treatment.

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

Under SFAS No. 109, the deferred tax balance is to be classified as current or non-current in the same manner as the assets and liabilities to which the deferred taxes relate.

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Civil law comprises those federal and state statutes that prohibit wrongful conduct such as arson, rape, murder, extortion, forgery, and fraud

Indicate whether the statement is true or false

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The National Industrial Recovery Act of 1933 was declared unconstitutional because:

A. It granted presidents too much authority and control over codes of fair competition. B. It granted unionization rights to workers that were contrary to civil liberties. C. It encouraged workers to engage in aggressive unionization tactics. D. It did not grant employers the same rights as workers.

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