Which statement is true regarding ethical behavior?
A. Many decisions include some sort of ethical choice.
B. Managers seldom encounter ethical dilemmas.
C. Managers encounter ethical dilemmas but employees do not.
D. Employees often encounter ethical dilemmas but managers always know the right
A. Many decisions include some sort of ethical choice.
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Smith Company had retained earnings of $60,000 at the end of the current year. For the current year, income was $30,000 and dividends $10,000 . What was the balance in retained earnings at the end of the prior year?
a. $30,000 b. $40,000 c. $60,000 d. $30,000 e. $70,000
In which of the following stages of the product life cycle would operating losses not be expected?
a. growth b. development c. introduction d. decline
This term best defines what society expects from business, governments, and nonprofits?
A. organizational citizenship B. relationship C. stewardship D. affiliation
The management department at the university decides to add a new program in restaurant, hotel, and institutional management
As part of the development process they hold focus groups consisting of area business leaders, current and former students, and restaurant and hotel owners. These groups can be described as: A) Project leaders. B) Project workers. C) Stakeholders. D) Clients.