The ethical theory that underlies cost-benefit analysis is:
A) libertarianism.
B) utilitarianism.
C) deontology.
D) ethical relativism.
B
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What point is the text making about ethical misconduct when it describes the Wells Fargo employee practice of creating fraudulent checking and savings accounts?
a. Managerial negligence is typically the starting place for organizational corruption. b. Governmental negligence in policing misconduct can be a major determinant of how commonly it occurs. c. Public image and admiration and ethical misconduct are not mutually exclusive characteristics. d. Organizational culture can be blamed for ethical misconduct as much as individual behavior.
Suppose the opportunity cost of capital is 10 percent and you have just won a $1 million lottery that entitles you to $100,000 at the end of each of the next ten years.
a. What is the minimum lump sum cash payment you would be willing to take now in lieu of the ten-year annuity? b. What is the minimum lump sum you would be willing to accept at the end of the ten years in lieu of the annuity? c. Suppose three years have passed and you have just received the third payment and you have seven left when the lottery promoters approach you with an offer to "settle-up for cash." What is the minimum you would accept (the end of year three)? d. How would your answer to part (a) change if the first payment came immediately (at t = 0) and the remaining payments were at the beginning instead of at the end of each year?
A seller's invoice reads: "Seller pays the cost of loading said merchandise onto a common carrier. At the point of loading, title to such products passes to the buyer, who assumes responsibility for damage in transit, except as covered by the transportation agency." This shipment has been shipped
A. F.O.B. shipping point. B. F.O.B. buyer's factory. C. F.O.B. mill, freight absorbed. D. F.O.B. delivered. E. F.O.B. seller's factory, freight prepaid.
For a population with any distribution, the form of the sampling distribution of the sample mean is
a. sometimes normal for all sample sizes. b. sometimes normal for large sample sizes. c. always normal for all sample sizes. d. always normal for large sample sizes.