Energy Services Corporation engages in trade practices that may violate antitrust law. The Federal Trade Commission has the power to act against anticompetitive behavior under
A. Section 1 of the Sherman Act.
B. the Federal Trade Commission Act.
C. no federal law.
D. Section 2 of the Sherman Act.
Answer: B
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When there is a difference in the timing of revenues and expenses for accounting versus income tax purposes, it usually is necessary to
a. adjust accounting income. b. perform income tax allocation procedures. c. adjust taxable income. d. do nothing because such differences are a result of two different sets of rules.
Critics of 3BL claim that
A. such concerns are beyond the competency of most managers and are best left to government. B. measuring impacts on social and environmental contexts will not get us closer to the desired state. C. measuring is a waste of time and has no impact on the bottom line. D. business has no business paying attention to social and environmental impacts; economic impact is what counts.
Cody will be participating in a panel interview. What advice should he follow?
A) ?Try to gather basic biographical information about each panel member. B) Maintain eye contact with the questioner as well as with the others C) ?Show how he is motivated, qualified, and a good fit for position. D) ?All answer choices are good tips for Cody as he participates in a panel interview.
Ambition:
a. All of the answers are correct. b. means wanting to get things done. c. can go wrong and lead to a selfish quest for power. d. is usually a positive force.