Promotion typically takes the long-run view

Indicate whether the statement is true or false


FALSE

Business

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Return on owner's equity is the ratio of net income to average owner's equity in the business

a. True b. False Indicate whether the statement is true or false

Business

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.

Business

What is a primary influence of the ethics survey instrument developed by the Veritas Institute at the University of St. Thomas--the “Self-Assessment and Improvement Process” (SAIP)?

a. the Institute for Local Government ethical standards b. a broad-based survey of upper management at Fortune 500 companies c. governmental/municipal codes of ethical conduct d. the Caux Round Table Principles for Business

Business

The proportion of world trade accounted for by Asia has ____ since 1980.

A. seen an overall decline B. increased by 20 percent C. increased fivefold D. almost doubled E. tripled

Business