After conducting a vendor analysis on potential suppliers, purchasing managers are likely to choose the vendor that
A. was the friendliest.
B. offers the widest assortment of business products.
C. received the best rating from gatekeepers.
D. enables the firm to operate more efficiently with the least risk.
E. offers the lowest priced goods and services.
Answer: D
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a. empowered teams b. collaboration c. top-down management d. command and control
Which of the following is true of Section 11 of the Securities Act of 1933?
A) It permits injured private parties to bring criminal action against fraudulent registration statements filed by issuers. B) It imposes liability on those who are negligent in not discovering the fraud. C) It allows an issuer to assert a due diligence defense against the imposition of Section 11 liability. D) It cannot be imposed on cases involving negligent omission of a material fact in a registration statement.
Sam, the chief executive officer of Boch Industries, was prosecuted for violating the Resource Conservation and Recovery Act. Which of the following is correct concerning the penalties?
a. Sam cannot be criminally prosecuted for violating this statue. b. Sam faces criminal fines as well as imprisonment. c. Sam faces only criminal fines. d. The only remedy Sam faces is an injunction to prevent further violations.
One drawback of surveys is that they are ______.
a. time-consuming b. inexpensive c. necessary for a high response rate d. efficient