The Acme Global Corporation needed to hire 30 new advertising sales agents. The applicant pool consisted of 100 African-American males and 100 white males. Of the 200 applicants, Acme Global hired 10 of the African-American males and 20 of the white males. Is there evidence of disparate impact?
A. Yes, the selection rate of 20 percent is less than 80 percent, so the Four-Fifths Rule is not met
B. Yes, the selection rate of 5 percent is less than 16 percent, so the Four-Fifths Rule is not met
C. No, the selection rate of 20 percent is more than 5 percent, so the Four-Fifths Rule is met
D. No, the selection rate of 10 percent is less than 80 percent, so the Four-Fifths Rule is met
E. None of the above
B. Yes, the selection rate of 5 percent is less than 16 percent, so the Four-Fifths Rule is not met
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Under oligopolistic competition ________
A) the market consists of a single dominant seller B) the market consists of numerous small sellers C) the market consists of many buyers and sellers who trade over a range of prices rather than a single market price D) sellers are typically unresponsive to competitors' pricing strategies and marketing moves E) the market consists of only a few large sellers
Delish Foods sells jars of special spices used in Italian cooking. The variable cost is $2 per unit. Fixed costs are $10,000,000 per year. It has $42,000,000 of average assets, and the desired profit is a 5% return on assets. Delish Foods sells 5,000,000 units per year. The company uses cost-plus pricing because it is the only company that produces this kind of product. Using cost-plus pricing methodology, determine the sales price per unit. (Round your answer to the nearest cent.)
A) $2.40 B) $4.42 C) $4.00 D) $2.00
A major difference between public relations and marketing or advertising is that ________
A) marketing and advertising promote an organization B) public relations promotes an entire organization, including its people, products, and services C) marketing and advertising promote an organization's individuals rather than its products or services D) public relations promotes only a product or a service
Cushman Company had $800,000 in sales, sales discounts of $12,000, sales returns and allowances of $18,000, cost of goods sold of $380,000, and $275,000 in operating expenses. Gross profit equals:
A. $115,000. B. $402,000. C. $390,000. D. $408,000. E. $770,000.