Divestiture of a business interest is a possible penalty under RICO

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Which of the following is NOT an example of an economic event?

a. Ship goods b. Receive goods c. Get employee time d. Prepare cash disbursements voucher

Business

Nicole regularly inflates invoices to get a larger commission on her sales. She knows that most salespeople at her organization inflate their invoices by about 20%. Nicole only inflates hers by 10%. She figures if anyone gets caught, hers will look like honest mistakes compared to the others. It appears Nicole’s justification for her unethical behavior is ______.

A. disregard or distortion of consequences B. I did it for the good of others or the company C. I was only following orders D. I’m not as bad as the others

Business

Phil Bert's Nuthouse is preparing a new product, a blend of mixed nuts. The product must be at most 50 percent peanuts, must have more almonds than cashews, and must be at least 10 percent pecans. The blend will be sold in one-pound bags

Phil's goal is to mix the nuts in such a manner that all conditions are satisfied and the cost per bag is minimized. Peanuts cost $1 per pound. Cashews cost $3 per pound. Almonds cost $5 per pound and pecans cost $6 per pound. Formulate this problem as a linear program.

Business

American major appliance manufacturers have recently adopted a strategy that calls for better quality in their products. One method of implementing this strategy at the operations level is through

A. innovation circles. B. a Gantt chart. C. PERT. D. quality circles. E. another layer of resourceful managers.

Business