All EC investments need to be formally justified to insure that they align with the company's competitive strategy

Indicate whether the statement is true or false


FALSE

Business

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The stakeholder model of corporate social responsibility (CSR) views business as a citizen of the society in which it operates and, like all members of a society, business must conform to the normal range of ethical duties and obligations that all citizens face.

Answer the following statement true (T) or false (F)

Business

Clinton Inc is considering the purchase of a new equipment costing $200,000. The equipment is expected to reduce annual operating costs by $70,000 and will be depreciated using the straight-line method (with no half-year convention) over five years with no salvage value at the end of its useful life. Assuming a 40 percent income tax rate, the equipment's payback period is:

A) 2.44 years. B) 2.86 years. C) 3.45 years. D) 4.76 years.

Business

Learning through ______ implies that children can learn about their own culture and that it is possible to learn about the cultural patterns of another society.

A. stories B. technology C. environment D. government

Business

Parol evidence is always admissible for challenging contract terms

Indicate whether the statement is true or false

Business