Milton Friedman believed that a firm's exclusive duty is to
A) maximize its profits within the law.
B) implement CSR practices to be consumer friendly.
C) implement CSR practices to maximize profits.
D) use CSR to develop socialism
A
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Lucy has asked her staff to think of an ways for the company to gain a competitive advantage in social media. Despite staff complaints, Lucy feels the need to take action and has encouraged staff members to make social media a high priority in development before another company takes the advantage. How is Mary overcoming resistance with her staff?
a. by creating a win-win situation b. by creating urgency c. by clearly state why the change is needed and how it will affect employees d. by developing a positive trust climate for change
Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: Sales$36,480,000 Net operating income$2,808,960 Average operating assets$8,000,000 The company's minimum required rate of return 16%The division's margin used to compute ROI is closest to:
A. 7.7% B. 21.9% C. 35.1% D. 29.6%
According to your text book what was a major contributor to the growth in the size of businesses in the mid-1800s?
a. The introduction of limited liability legislation b. The introduction of lunch breaks c. The growth of poverty d. Globalization
Research has shown that, compared to self-promoting men, self-promoting women are viewed as ______.
A. more effective B. less socially attractive C. role models by lower-level men D. more attractive to hiring managers