According to philosopher Norman Bowie, managers have a responsibility to maximize profits as long as they:

A. contribute to charitable organizations.
B. respect human rights and cause no harm.
C. are confident and do charitable work.
D. adhere to rules and regulations.


Answer: B

Business

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Walgreens Drugstores buys a bottle of shampoo from a wholesaler for $3.25 and then places it on a shelf with a price tag of $4.64. What is Walgreens' markup on selling price (expressed as a percentage)?

A. 30 percent B. 48 percent C. 20 percent D. 43 percent E. 26 percent

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Value analysis examines quality, design, and materials as well as current and potential vendors.

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

Business

What actions did The Port Authority of New York engage in that was an example of their acknowledgement of their responsibility to the wider community ?

a. Implemented the Operation Alternative program b. Kept the transportation-related facilities clean c. Instructed the police to remove all homeless people from the terminals d. Established additional bathroom facilities with showers to promote better cleanliness

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One way to use the payback period is to set a maximum payback period for all projects and to reject any project that exceeds this level

Indicate whether the statement is true or false

Business