Answer the following statement(s) true (T) or false (F)
1. Corrupt payments to government officials are designed to allow a company to avoid governmental scrutiny.
2. Corruption is only present among low-level employees and governments.
3. One way to help evaluate whether or not you have made an ethical decision is to gauge how willing you are to tell others what decision you have made.
4. Corporate social responsibility is the concept that organizations have a duty to all societal stakeholders to operate in a manner that takes each of their needs into account.
5. With a choice of two products of similar price and quality, 80% of surveyed customers said they are willing to buy the more sustainable option.
1. True
2. False
3. True
4. True
5. True
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The only objective of the Just-In-Time philosophy is to reduce inventory levels
Indicate whether the statement is true or false
Which of the following statements concerning evaluative criteria is most accurate?
A. Evaluative criteria represent subjective rather than objective attributes. B. Consumers often have several criteria for evaluating a single product. C. Ultimately, the most important evaluative criterion is price. D. Evaluative criteria represent objective rather than subjective attributes. E. If the alternatives in a consideration set do not meet the requirements of the evaluative criteria, the entire decision process is usually discontinued.
Stock held to meet a firm’s expected or normal demand is ______ stock.
A. cycle B. required C. surplus D. seasonal
A firm has 1,000 shares of common stock outstanding with a par value of $15 per share. Upon liquidation, the firm has insufficient funds and requires an additional $5,000 to repay its creditors. Which of the following statements is true about the common shareholders' financial obligation?
A. If the share is purchased for $8, the stockholders are obligated to pay $2 per share to the creditors. B. If the share is purchased for $20, the stockholders are obligated to pay interest equal to $15 per share to the firm. C. If the share is purchased for $15, the stockholders are obligated to pay $15 per share to the bondholders. D. If the share is purchased for $18, the stockholders are obligated to pay a dividend of $3 per share to the firm. E. If the share is purchased for $10, the stockholders are obligated to contribute $5 per share to the firm.