Answer the following statement(s) true (T) or false (F)

Corporate social responsibility only influences some aspects of a company’s operations.


Ans: False

Business

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Lean manufacturing is an approach designed to eliminate waste and maximize customer value

Indicate whether the statement is true or false

Business

The comparative balance sheets for Flagler Co for 2017 and 2016 indicate that accounts receivable decreased during 2017 . Flagler uses the indirect method of preparing the operating activities section of its statement of cash flows. How will the decrease in accounts receivable be reported on the statement of cash flows?

a. It will be included in the amount of cash and cash equivalents at the end of 2017. b. It will be deducted from net income in the operating activities section. c. It will be added to net income in the operating activities section. d. It will be reported as a cash outflow in the investing activities section.

Business

A team that designates a member to repeatedly present information and opinions that run counter to or against the general flow of the team’s thinking about issues and problems is trying to deal with the problem of ______.

a. groupthink b. free-riding c. excessive individuality of group members d. virtual communication

Business

One of the results of the Americans with Disabilities Act is an increase in the numbers of disabled travelers. Publications like Emerging Horizons, a California-based, 25,000-circulation magazine focus on accessible travel, and businesses, such as Mobility Challenged Vacations Ltd., see that disabled tourists are a growing market. One can argue the increase in tourism by the disabled was due to:

A. controllable elements within corporate structures B. legal forces that changed the attractiveness of vacation options C. macroeconomic conditions that made U.S. destinations  more competitive relative to international spots D. a shift in regulatory controls from the public sector to the private sector E. competitive forces that changed how disabled tourists perceive vacations

Business