An increase in the fixed and variable costs of a product result in a lowering of the break-even
point.
Indicate whether the statement is true or false
FALSE
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Which one of the following statements is true?
a. External events (transactions) involve interactions between an entity and a party outside the entity. b. Every event or transaction which affects an entity is identified from a source document. c. All economic events can be reliably measured. d. The movement of raw material into production is an external event.
______ has now become both an evaluation mechanism of OD effectiveness and an intervention in itself.
a. Organizational engagement b. Change management c. Organizational learning d. Employee engagement
Six years after its founding, in 2009, at 25, Elizabeth Holmes, founder and CEO of Theranos, a company based in Palo Alto, California, that manufactured and marketed medical devices for testing blood, told a small group at Stanford University that her ticket to success was "conviction" that you could "make something work, no matter what." On June 15, 2018, Holmes and Theranos's former president Ramesh "Sunny" Balwani were indicted on multiple counts of wire fraud and conspiracy to commit wire fraud. According to the indictment, investors and doctors and patients were defrauded. Holmes herself had falsely claimed in 2014 that the company had annual revenues of $100 million, a thousand times more than the actual figure of $100,000. Prosecutors claimed they had engaged in an
"elaborate, years-long fraud" wherein they "deceived investors into believing that its key product-a portable blood analyzer-could conduct comprehensive blood tests from finger drops of blood." It was alleged the defendants were aware of the unreliability and inaccuracy of their products, but concealed that information. If convicted, they each face a maximum fine of $250,000 and 20 years in prison. Normatively speaking, which actions should Theranos's board of directors have taken to provide good governance oversight and prevent this fraud from occurring? What will be an ideal response?
Brandon goes to watch a newly released movie with his friends. In the theater, he takes a video recording of the entire movie through his smartphone and later releases the clip on the Internet where others can watch it free of cost. Brandon is involved in the act of _____.
A. phishing B. piracy C. infoanarchism D. hacktivism