Explain the reasons why the accountability of the management of a corporation is a cultural issue


A relatively small number of large, publicly held corporations own the great bulk of the industrial wealth in this country. This concentration of control, wealth, and power raises social, economic, and ethical concerns. The actions of these corporations affect the national economy, employment policies, health and safety of workers and the environment, the quality of products, and the effects of overseas operations.

Business

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Occasionally, the Federal Trade Commission (FTC) bypasses the normal steps and uses the court system to stop an unfair or deceptive marketing practice. This occurs when:

A) the actions of a company are so severe that immediate action is needed B) a full commission of the FTC is not available to hear a case C) a company violates a consent order D) a company appeals a consent order

Business

The first step in the selling process is preapproach—learning about an organization and its buyers

Indicate whether the statement is true or false

Business

Renderings and virtual reality views are examples of

A) Combination drawings. B) Line drawings. C) CAD drawings. D) Icons.

Business

The purpose of the Fair Packaging and Labeling Act is to provide information about

a. price. b. quantity. c. the manufacturer. d. all of these.

Business