The relationship between data and information is hierarchical, Therefore, one person's information is another person's ________

A) treasure
B) data
C) idea
D) logical view


B

Business

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Globax Corp. has had to let go 10% of its employees. Rather than viewing layoffs as a negative, Globax Corp. perceives a trimmer organization as an optimal way for employees to collaborate more intensely. Employees are encouraged to be creative and given more freedom to make decisions. Globax Corp. promotes the concept of ______.

What will be an ideal response?

Business

In which of the following situations would Adam Smith argue that government intervention in the marketplace is justified?

a. Many food items begin to arrive from abroad, and their cheap price is putting many local farmers out of work. b. A general economic downturn has occurred, leaving many out of work. c. A clothing manufacturer invents a new machine that makes it much more competitive than its rivals. d. Two growing cities have no road to connect them and no private party is seeking to build one.

Business

SEC Rule 10b-5 applies to almost all cases involving the trading of securities

a. True b. False Indicate whether the statement is true or false

Business

Because slack variables yield no profit, they are not included in the objective function when creating the initial simplex tableau

Indicate whether the statement is true or false

Business