The profit-oriented school of social responsibility argues that businesses should be judged ________
A) on both their profit and non-profit activities
B) solely on the basis of economic efficiency and growth
C) solely on the unintended impact of their profit-making activities
D) on how they do business with their consumers
B
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A company acquires 1,000 shares of its own $1 par common stock for $15 per share. This purchase would be recorded with a:
A. Debit to Treasury Stock for $15,000 B. Debit to Additional Paid-In Capital for $14,000 C. Credit to Treasury Stock for $15,000 D. Credit to Treasury Stock for $1,000
If your audience is expecting to hear from you, and the bad news is not a surprise, what organizational approach will benefit the message?
A) Goodwill B) Persuasive C) Indirect D) Casual E) Direct
An express warranty is created upon description of the goods
Indicate whether the statement is true or false
Which of the following is the ultimate goal of the North American Free Trade Agreement (NAFTA)?
A) creation of a "social dimension" through the establishment of uniform labor and Social Security regulations B) establishment of a monetary union through the creation of a single currency for all member states C) creation of a totally free trade zone among the three member states D) establishment of common prices for all goods exported from member states