Society expects businesses to all of the following except:
a. earn a profit
b. obey laws
c. be ethical
d. file for bankruptcy periodically
e. be good corporate citizens
d. file for bankruptcy periodically
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Claxton FruitcakesOne common Christmas tradition in many households is the Claxton fruitcake. The fruitcake bakery in Claxton, Georgia, makes about 6 million pounds of fruitcake annually and has $12 million in sales. One fruitcake batch weighs 375 pounds. About 70 percent of that weight is fruits and nuts. A single batch is divided into 34 loaf pans that hold 11 pounds each. Loaves are cooked for 100 minutes at 375 degrees. The bakery can cook 6,000 pounds at a time. During the baking season (August-December), the bakery uses a tractor-trailer load of raisins each day. The suggested retail price of a one-pound Claxton fruitcake is $3.69.Refer to Claxton Fruitcakes. In terms of business-to-business products, the flour used in fruitcakes is an example of:
A. OEM supplies B. installations C. MRO supplies D. processed materials E. accessory supplies
Franchising offers both a proven line of business and reduced risk.
Answer the following statement true (T) or false (F)
One of the most frequent and stressful roles performed by the spouse who is not active in the business is to:
A. serve as the mediator between the entrepreneur and the children. B. be a good listener. C. mandate they are given a copy of the books each month. D. All of the above are activities of the non-active spouse.
The following data represent the scores of 50 students on a statistics exam. The mean
score is 80.02, and the standard deviation is 11.9. 39 51 59 63 66 68 68 69 70 71 71 71 73 74 76 76 76 77 78 79 79 79 79 80 80 82 83 83 83 85 85 86 86 88 88 88 88 89 89 89 90 90 91 91 92 95 96 97 97 98 What percentage of the scores lies within one standard deviation of the mean? two standard deviations of the mean? three standard deviations of the mean? Based on these percentages, do you believe that the distribution of scores is mound-shaped and symmetric? Explain.