Why are business ethics an important issue in business planning?
What will be an ideal response?
Managers and planners at a firm should have a clear sense of business ethics that inform their business planning decisions, such as what goes into their products, where they source raw materials, and how they advertise. Businesses need to consider how business planning decisions affect their many stakeholders.
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The maximum fines, per violation, that can be imposed in a Sherman Act criminal case are:
A) $3.5 million for a corporation and $350,000 for an individual. B) $10 million for a corporation and $350,000 for an individual. C) $10 million for both individuals and corporations. D) $1 million for an individual and $3 million for a corporation. E) $1 million for an individual and $10 million for a corporation.
Salina is working to create greater brand awareness for her company's new line of fitness trackers. To increase brand awareness, the least important information that should be included in promotions is
A. the brand name. B. the logo. C. the packaging. D. the product history. E. the slogan.
A contract is executory when one or more parties has not fulfilled its obligations
Indicate whether the statement is true or false
Iggy hires Joy to act as his agent to purchase Kup-a-Koffee Kompany. Iggy tells Joy to reveal only that she is buying the firm on behalf of a third party, without telling Kup-a-Koffee's seller who that third party is. Iggy is
A. a disclosed principal. B. an implied principal. C. an undisclosed principal. D. a partially disclosed principal.