Business scholar Archie Carroll suggested that ________ is the first and primary responsibility of an organization in the global economy.
A. to be a good global corporate citizen, as defined by the host country's expectations,
B. to make a profit consistent with expectations for international business
C. to be ethical in its practices
D. to obey the law of host countries as well as international law
E. to have a written code of ethics
B. to make a profit consistent with expectations for international business
Making a profit consistent with expectations for international business is at the bottom of Carroll's global corporate social responsibility pyramid.
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Jones, Inc, a manufacturer of tires, has given you its most recent annual report in an effort to obtain a sizable loan. The company is very profitable and appears to have a sound financial position. Based on a report presented on prime-time television last night, you are aware that Jones is a defendant in several lawsuits related to its defective tires that cause vehicles to overturn. The
information presented on television is an example of financial information that is a. Relevant b. Consistent c. Predictable d. Comparable
Fantastic Futons goes through two departments in the production process. Each futon requires two direct labor hours in Department A and one hour in Department B. Labor cost is $8 per hour in Department A and $10 per hour in Department B. Assuming the amount budgeted to be produced in January is 30,000 units, what is the budgeted direct labor cost for January?
a. $810,000 b. $840,000 c. $780,000 d. $540,000
Scott, a State Bank employee, deposits into his account checks that are given to him by bank customers to deposit into their accounts. This is
a. embezzlement. b. larceny. c. money laundering. d. no crime.
The U.S. Constitution requires that juries in serious criminal cases in state courts be composed of 12 persons
Indicate whether the statement is true or false