Which of the following is an example of the 80/20 Principle?
a. 20 percent of employees produce 80 percent of the world's output.
b. 20 percent of your problems can cause 80 percent of your work.
c. 20 percent of the world's output is produced by 80 percent of employees.
d. 20 percent of your revenue comes from 80 percent of your customers.
a
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Philosopher, ______, held his theory which fell under the deontological ethics because of its approach with moral reasoning.
Fill in the blank(s) with the appropriate word(s).
Lexington Company engaged in the following transactions during Year 1, its first year in operation: (Assume all transactions are cash transactions) 1. Acquired $5000 cash from issuing common stock. 2. Borrowed $3200 from a bank. 3. Earned $4100 of revenues. 4. Incurred $2600 in expenses. 5. Paid dividends of $600. Lexington Company engaged in the following transactions during Year 2: (Assume all transactions are cash transactions) 1. Acquired an additional $1500 cash from the issue of common stock. 2. Repaid $2000 of its debt to the bank. 3. Earned revenues, $5500. 4. Incurred expenses of $3150. 5. Paid dividends of $1840. What is the amount of total assets that will be reported on Lexington's balance sheet at the end of Year 1?
A. $8800. B. $1800. C. $9100. D. $4000.
According to the information provided in Table 12-4, which presents a queuing problem solution for a queuing problem with a constant service rate, on average, how many customers arrive per time period?
A) 3 B) 4 C) 1.875 D) 1.125 E) None of the above
Ethics is
A. the minimum acceptable standard in business practice. B. not synonymous with law. C. universal and cannot differ between cultures. D. impossible to codify into law.