? Suppose a firm's CFO thinks that an externality is present in a project, but that it cannot be quantified with any precision - estimates of its effect would really just be guesses. In this case, the externality should be ignored - i.e., not considered at all - because if it were considered it would make the analysis appear more precise than it really is.
Answer the following statement true (T) or false (F)
False
Rationale: If the externality is potentially important, it should not be ignored, because then a large error might be made. At the very least, it should be discussed, and possibly the analysis should be done using several scenarios of its possible effects.
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In blackouts, the voltage of the power decreases, or very short interruptions occur in the flow of power.
Answer the following statement true (T) or false (F)
Trevor requires all applicants take a paper-and-pencil test with questions like “If a customer accidentally gave you too much money, would you return the excess?” Trevor is giving his applicants a(n) ______ test.
A. genetic B. honesty C. personality D. cognitive ability
Office manager Carlos is introducing his department members to a visiting executive from the home office. Carlos says to the executive, "I would like you to meet the members of my outstanding team." Carlos commits a microinequity when he
A) introduces the team in alphabetical order, and Ziggy Zigfried is introduced last. B) introduces the team in reverse alphabetical order, and Alice Adams is introduced last. C) neglects to introduce Megan, one of the team members. D) asks the team members to introduce themselves to the executive.
The Ford Pinto exploded when rear-ended by another vehicle. The Pinto suffered from a(an):
a. Design Defect b. Manufacturing Defect c. Warning Defect d. End-user Defect