If the rate of interest (r) is 9%, then you should be indifferent about receiving $750 in one year or ________
A) $688.07 today
B) $750 today
C) $825.68 today
D) None of the above
Answer: A
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In the horizontal structure of a firm, line departments
A. depend on the staff departments to make major operating decisions. B. make things, sell things, or provide customer service. C. cannot be held accountable for the "bottom-line" results of their decisions. D. depend on being an expert in a particular function for their growth. E. provide specialized or professional skills that support other departments.
If Congress imposes a regulation on business that is constitutional:
a. "local" businesses will be exempt b. the part of the business in intrastate commerce is exempt c. states may not enact similar laws that burden interstate commerce d. states may enact similar laws even if they burden interstate commerce e. none of the other choices are correct
The human resources manager at Fastener, Inc., a manufacturer of office staplers, wants to encourage a more ethical climate in the organization. A likely way for Fastener to do this is to
A. make certain that Fastener has a company code of ethics that is enforced. B. add an ethics department whose job is to constantly watch employees to be certain they behave. C. develop a system of security cameras, telephone monitoring, and one-way mirrors to be certain that employees behave appropriately. D. avoid any mention of ethics to employees so that they will not think unethical thoughts. E. do none these. All of these practices are illegal because they take away an employee's constitutional right of free choice.