Which of the following best defines the concept of shared value?
A) creating economic value in a way that also creates value for society
B) creating economic value by means of maximizing profits
C) creating economic value in a way that reduces prices
D) creating economic value by increasing the quantity of products
A
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Which of the following statements about an offer is true?
A. The death of an offeror will terminate the offer. B. An offer is effective upon dispatch. C. A grumbling acceptance is a rejection and terminates the offer. D. Any definite offer made by a merchant is called a "firm offer."
Logan manages a popular paintball business and oversees 15 employees. Even though he worked his way up and has a good amount of experience, he is careful to not be too quick to offer advice to his employees when they come to him with problems. Logan does this because he knows that ______.
a. employees will lose respect for him if he gives them advice b. it tends to close or limit discussion c. it’s always better for employees to figure things out on their own d. it tends to direct the flow of communication away from the receiver to the sender
An after-the-fact flexible budget is used to compute what cost should have been for the actual level of activity
Indicate whether the statement is true or false
A(n) ______ is bound by a contract to produce a certain result, with performance of the work controlled by the ______
A) agent, principal. B) employee, employer. C) independent contractor, employer D) independent contractor, contractor