What is the Union Network International (UNI)?
Union Network International (UNI) is an organization aimed at meeting the globalization of corporations, trade, and manufacturing head on. The organization targets multinational corporations, seeking to apply global pressure in order to organize local and regional corporate facilities. At its August 2005 Chicago convention, UNI announced that signing global agreements with targeted companies would be that organization's focus going forward. In 2007, UNI expanded its attention to monitoring private equity funds.
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Why might virtue ethics cause problems for a manager?
a. Virtue ethicists often ignore the needs of others while pursuing perfect character. b. Some virtues, when practiced in a real situation, are not compatible with others. c. The constant practice of virtuous behavior is not typically in sync with the larger business climate. d. There is very little agreement on what constitutes virtuous behavior.
What are some of the benefits of a well-prepared budget?
Firms account for leases using either the operating lease method or the capital (finance) lease method. Which of the following is not true?
a. The capital, or finance, lease method treats leases equivalent to installment purchases or sales, where the lessee borrows funds from the lessor to purchase the asset and the lessor recognizes profit at the time of sale. b. The lessee records the leased asset and the lease liability on the balance sheet at the present value of the contractual cash flows at the time of signing the lease. c. The lessee amortizes the leased asset, similar to recognizing depreciation on buildings and equipment. d. The lessee recognizes interest expense on the lease liability, similar to recognizing interest expense on long-term notes or bonds. e. The lessor records the signing of a capital lease differently than if the lessor sold the leased asset for an installment note receivable.
A medieval knight could not go to the armor maker and pick out a size 44 long suit of armor to protect him in battle. Nor could a person living in the middle ages go to the cobbler and get a pair of shoes in a few minutes. This period before the advent of marketing is known as the ________.
A. Dark Ages B. mass production era C. sales orientation era D. Industrial Revolution E. pre-industrial revolution