Why does Michael Novak distinguish corporations' responsibilities?


Because he feels they have a distinct structure, purpose, and role from all other organizations in society.

Business

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The doctrine of unconscionability is available in most cases when a party has made a bad

bargain. Indicate whether the statement is true or false

Business

Choose a simple, common process and create a value stream map containing the current state, plus a realistic future state, and implementation plan

What will be an ideal response?

Business

A defendant who is currently unable to pay her or his debts is often referred to as

a. judgment proof. b. res ipsa loquitur. c. cross-complainant. d. incapacitated.

Business

Kirsten believes her company's overhead costs are driven (affected) by the number of direct labor hours because the production process is very labor intensive. During the period, the company produced 4500 units of Product A requiring a total of 750 labor hours and 2000 units of Product B requiring a total of 150 labor hours. What allocation rate should be used if the company incurs overhead costs of $13,500?

A. $2.08 per unit B. $15 per labor hour C. $18.00 per labor hour for Product A and $90 per labor hour for Product B D. None of these.

Business