Who said the following quote: "There is one and only one social responsibility of business - to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud."?
A. Nobel Laureate Milton Friedman
B. Federal Reserve Chairman Ben Bernanke
C. President Ronald Reagan
D. President Barack Obama
E. Nobel Laureate Paul Krugman
Answer: A
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A list showing the amount due to each supplier as of a specified date is known as a
a. schedule of accounts receivable; b. trial balance; c. schedule of accounts payable; d. balance sheet; e. purchase requisition.
The surety joins with the person who is primarily liable in promising to make the payment or to perform the duty.
Answer the following statement true (T) or false (F)
Which of the following refers to a cultural factor in the context of segmenting international markets?
A) receptivity of foreign firms B) economic development of the country C) population income levels D) stability of the government E) values and attitudes
________ occurs when all trade barriers between countries are removed to allow consumers and produces to benefit from specialization and economies of scale.
Fill in the blank(s) with the appropriate word(s).