Applied Business Corporation makes and markets its products nationwide. Under the stakeholder approach, to be considered socially responsible when making a business decision, Applied must take into account the needs of

A. its consumers, the community, and society only.
B. its employees and owners only.
C. its employees, owners, consumers, the community, and society.
D. no one.


Answer: C

Business

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What was the primary grievance that amplified anti-English sentiment in the American colonies and ultimately sparked the first violent rebellions?

a. economic depression b. rough treatment by British soldiers c. unfair taxation d. government failure to protect colonists against indigenous attacks

Business

In Pennsylvania State Police v. Suders the Supreme Court noted that in a case where harassment in the workplace is "so intolerable as to cause a resignation":

a. constructive discharge is the same as being fired for an illegal reason b. constructive discharge is not the same as being fired for an illegal reason c. constructive discharge is legal d. the employee cannot sue for constructive discharge because she did not remain on the job while seeking redress e. the employer is automatically liable for no less than three months of wages

Business

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

1) Monetary flows in a supply chain are always bidirectional. 2) Information flows in a supply chain are always bidirectional. 3) Service supply chains have lower customer-created variation as compared to product supply chains. 4) Henry Ford pioneered the use of mass production and standardization.

Business

When applying the lower of cost or market method of inventory valuation, market is defined as the ________.

What will be an ideal response?

Business