A trade association practice or agreement that restrains trade is analyzed under the rule of reason
a. True
b. False
Indicate whether the statement is true or false
True
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To understand your own values, you should
A. understand how ethics differs from legal requirements. B. take a course on value creation and definition. C. articulate them in writing and test them through daily decision making. D. focus on cutting costs while improving quality. E. write a strong marketing plan that will help you achieve your desired profit level.
Enterprise systems are often implemented using the direct approach
Indicate whether the statement is true or false
What type of statements are the following? “But you don’t look Jewish!"; “Oh, that’s why you don’t have an accent. You’re part White.”; “Sometimes I forget that you’re Black.”; “Oh, you are so exotic."
a. Racial b. Micro aggressions c. Prejudicial d. Stereotypical
Ed was an independent owner of a chain of TV stores. He successfully got customers into his store by cutting his prices on widely advertised name-brand products in order to sell other products for which he received a bigger profit. When the manufacturers of three of the name-brand products discovered Ed's actions, they agreed secretly to stop selling him their TVs. The three manufacturers
a. are doing nothing illegal, as they did not get Ed to agree to anything. b. are free to agree not to deal with Ed since the public can go elsewhere and will not be hurt economically. c. can choose either as a group to deal or not to deal with any retailer they want. d. are engaged in a rule of reason violation of the antitrust laws if their action harms competition.