Stella goes to Lakeview Department Store to look for clothes. The store is in the process of remodeling, and there is a lot of clutter in the aisle. Stella trips over the clutter and breaks her leg. What standard of care does the store have toward Stella under the circumstances?

A) None, because she came to the store voluntarily.
B) The store owes her a duty of only ordinary care, because she is a trespasser.
C) Because she is a licensee, the store must warn her of hazards of which the store knows but which Stella is not likely to discover.
D) Because Stella is a business visitor, the store must exercise reasonable care to protect her against dangerous conditions she is unlikely to discover.


D

Business

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Unethical managerial behavior tends to be driven by such factors as

A. overzealous or obsessive pursuit of personal gain, wealth, and other self interests; a company culture that puts the profitability and good business performance ahead of ethical behavior; and heavy pressures on company managers to meet or beat performance targets. B. a lack of training in what is ethical and what is not. C. confusing differences between what is ethical behavior in one's personal life and what is ethically permissible in business. D. widespread managerial belief in the ethical universalism school of thinking. E. widespread managerial belief in the ethical relativism school of thinking.

Business

A marketing-oriented firm would try to produce what customers want, while a production-oriented firm would try to get customers to buy what the firm has produced.

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

Business

Luma Inc. has provided the following data concerning one of the products in its standard cost system.InputsStandard Quantity or Hours per Unit of OutputStandard Price or RateDirect materials4.8 ounces$6.90 per ounce?The company has reported the following actual results for the product for September: Actual output 2,100unitsRaw materials purchased 10,500ouncesActual price of raw materials$7.80per ounceActual cost of raw materials purchased$81,900 Raw materials used in production 10,090ouncesThe raw materials price variance for the month is closest to:

A. $9,450 F B. $9,450 U C. $9,081 U D. $9,081 F

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If several frequency distributions are constructed from the same data set, the distribution with the widest class width will have the _____

a. fewest classes b. most classes c. same number of classes as the other distributions since all are constructed from the same data d. None of the answers is correct.

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