A major objective of Web 2.0 is to enhance creativity, information sharing, and collaboration

Indicate whether the statement is true or false


TRUE

Business

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Your first reaction when hearing a complaint should be to demand additional or more specific details

Indicate whether the statement is true or false

Business

The following lots of a particular commodity were available for sale during the year Beginning inventory 10 units at $50 First purchase 25 units at $55 Second purchase 30 units at $60 Third purchase 15 units at $65 The firm uses the periodic system and there are 20 units of the commodity on hand at the end of the year. What is the amount of inventory at the end of the year according to the

first-in, first-out method? A) $1,250 B) $1,150 C) $1,275 D) $1,050

Business

Answer the following statements true (T) or false (F)

1. A moral manager does not focus proactively on ethical issues nor does he or she try to purposely go against the social and legal norms that are expected of the firm by society. 2. The relationship between stakeholders and the firm is based on mutual moral and ethical commitments. 3. A low level of trust allows stringent corporate governance structures to be developed to monitor the actions of the top-level managers. 4. The triple bottom-line is not just a link between stakeholders and the firm but is also a valuable tool the firm uses to enhance its long-term sustainability from both a financial and a nonfinancial perspective. 5. A benefit corporation is an organization that integrates financial, social, and environmental objectives.

Business

The strategic importance of deliberately trying to develop organizational competencies and capabilities is

A. improved strategy execution and a potential for competitive advantage. B. lower costs for employee training. C. an increased ability to reduce total operating costs. D. the added ease with which strategic fit and resource fit benefits can be captured. E. the enhanced ability to avoid the perils of outsourcing.

Business