Bona fide occupational qualifications can
A. be used to identify adverse impact.
B. be based on employer preference.
C. permit discrimination by an employer.
D. require reasonable accommodation on the part of the employer.
Answer: C
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As the CEO of a company that produces products for schools, Hannah believes that her company needs not only to produce a profit but also to do things that benefit society. _______ guides Hannah's beliefs.
A. Individual responsibility B. The desire for sustainability C. Social responsibility D. A sense of moral rights E. Corporate lobbying
Shimko Corporation's most recent comparative balance sheet and income statement appear below:Comparative Balance Sheet Ending BalanceBeginning BalanceAssets: Cash and cash equivalents$26? $24? Accounts receivable 78? 64? Inventory 60? 66? Property, plant, and equipment 733? 650? Less accumulated depreciation 309? 274? Total assets$588? $530? Liabilities and stockholders' equity: Accounts payable$58? $39? Bonds payable 357? 390? Common stock 59? 50? Retained earnings 114? 51? Total liabilities and equity$588? $530? Income StatementSales$640?Cost of goods sold 395?Gross margin 245?Selling and administrative expense 150?Net operating income 95???Income
taxes 31?Net income$64??The company paid a cash dividend of $1 and it did not dispose of any property, plant, and equipment. The company did not issue any bonds payable or repurchase any of its own common stock.The net cash provided by (used in) operating activities for the year was: A. $95 B. $110 C. $141 D. $129
Successful new ventures tend to offer a product portfolio that
a. limits consumer choice b. offers customers choices that can be expressed as good, better, best c. overwhelms the consumer d. focuses on a single product
Which of the following actions would be likely to reduce potential conflicts of interest between stockholders and managers?
A. Congress passes a law that severely restricts hostile takeovers. B. A firm's compensation system is changed so that managers receive larger cash salaries but fewer long-term options to buy stock. C. The company changes the way executive stock options are handled, with all options vesting after 2 years rather than having 20% of the options awarded vest every 2 years over a 10-year period. D. The company's outside auditing firm is given a lucrative year-by-year consulting contract with the company. E. The composition of the board of directors is changed from all inside directors to all outside directors, and the directors are compensated with stock rather than cash.