Utilitarianism requires taking the course of action that provides at least some good to the
greatest number of people.
Indicate whether the statement is true or false
FALSE
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Answer the following statements true (T) or false (F)
1. Managers in service firms face the same issues as managers in product-producing firms. 2. A higher GMA does not affect the employees’ capability to perform better. 3. The indirect cost of turnover is the cost of disappointed customers. 4. Turnover is always a bad thing.
________ is a company's ability to set a high price without a significant deterioration in market share
A) Variable cost B) Pricing power C) Target cost D) Fixed cost E) Unit cost
Which of the following is true about the process of setting the offering price of an issue??
A. ?The offering price of the initial public offering of the stock of a privately held company is determined by a financial intermediary, whereas the offering price of the seasoned offering of a public company is determined by an investment bank. B. ?An investment banker has an easier job of selling the issue if it carries a relatively high price. C. ?An investment bank finds it easier to set the offering price of an initial public offering as compared to that of a seasoned offering. D. ?An investment bank finds it easier to set the offering price of a seasoned offering of a private company as compared to a seasoned offering of a public company. E. ?If the company is already publicly owned, the offering price will be based on the existing market price of the stock or the yield on the firm's existing bonds.
What would explain why a divorce attorney in New York City may not be considered an expert in Beijing, China?
A) You need a greater level of experience in Beijing to practice law. B) No criteria to evaluate divorce attorneys exist in Beijing. C) The divorce attorney in New York does not speak Mandarin. D) Expertise is frequently domain dependent.