In an effort to determine the average loaded weight of trucks leaving a gypsum wallboard plant, a random sample is to be taken. The population standard deviation is 2500 lbs. A 90-percent confidence interval is to be used and the average, ?, is to be estimated within 500 pounds. Determine the sample size needed


68

Business

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A director or officer will be held to have failed to act with due care and diligence if he or she:

A. does not personally investigate every facet of every business decision. B. does not personally attend all board meetings, even if insufficient notice is given. C. fails to make a reasonable investigation before making any corporate decisions. D. makes an error acting in the best interest of the corporation.

Business

Tony is a groomsman in his brother Angelo’s wedding. Angelo’s best man, his friend Leo, has prepared and rehearsed a toast for the reception and plans to speak from notes. Unfortunately, when the time comes he is too nervous to deliver it. Tony steps in and delivers a toast to his brother in Leo’s place. Leo’s toast would have been delivered in a(n) ______ delivery style, while Tony’s is delivered in a(n) ______ style.

a. memorized; extemporaneous b. extemporaneous; impromptu c. manuscript; memorized d. impromptu; extemporaneous

Business

Global leaders confront increased ambiguity because

A. their environment is more difficult than that of the domestic leader. B. global leaders have a problem with not enough clarity, not too much clarity. C. they find themselves unable to make decisions. D. much of the information they receive is difficult to give meaning to because it lacks clarity or has unclear cause-and-effect relationships.

Business

Which of the following is true regarding the labeling of food imported into the U.S.?

a. Labeling of food imports is not required on the part of grocery stores or restaurants. b. All grocery stores must label certain products, including unprocessed beef and pork, with the country of origin; but restaurants are exempt. c. Grocery stores and restaurants, with no exceptions, must inform customers of the country of origin of certain products including beef and pork. d. Grocery stores must label certain products, including unprocessed beef and pork, with the country of origin; but restaurants and some retail grocery stores with sales under a certain amount are exempt.

Business