Answer the following statement(s) true (T) or false (F)
Many research studies suggest that strategic planning influences a venture's survival.
ANSWER: True
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The repair of machines is an example of a value-adding activity
Indicate whether the statement is true or false
Bayer AG agreed to pay $46 million as part of a law settlement for conspiring with Archer-Daniels-Midland (ADM) to keep prices of citric acid at a certain level. These two international companies were guilty of ________
A) price lining B) skimming pricing C) predatory pricing D) price-fixing E) placebo pricing
The term _____ value refer to the estimated proceeds on the disposition of an asset less all removal and selling costs
a. salvage b. present c. future d. end game e. current
When several customers were injured while using Acme Global’s new widget, it was revealed that the organization knew the widget was defective but decided not to fix the problem or withdraw the widget from the market. It appears Acme Global engaged in _______.
A. unethical marketing practices B. corrupt payments C. discriminatory labor practices D. unethical environmental practices