______ are the relatively permanent and deeply held underlying beliefs and attitudes that help determine a person's behavior. These beliefs may include the idea that employees should be promoted solely on the basis of merit, that no bribes will be paid to foreign officials to obtain business licenses, and that companies should offer extended maternity leave upon the employee's request.
A. Morals
B. Norms
C. Ethical advantages
D. Values
E. Fairness factors
D. Values
Values are the relatively permanent and deeply held underlying beliefs and attitudes that help determine a person's behavior, such as the belief that fairness means hiring according to ability, not family background.
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The present value of a series of future payments is
A. inversely related to the future value. B. unrelated to the discount factor. C. inversely related to the rate of discount. D. directly related to the discount factor.
The mean squared deviation of all the values from the mean is called the variance
Indicate whether the statement is true or false
Briefly describe the purpose of a portfolio analysis
What will be an ideal response?
If $50,000 of fixed costs will be eliminated by dropping the football helmets line, how will dropping football helmets affect operating income of the company?
Crash Sports, Inc. has two product lines—batting helmets and football helmets. The income statement data for the most recent year is as follows:
A) Operating income will increase by $50,000.
B) Operating income will increase by $70,000.
C) Operating income will decrease by $90,000.
D) Operating income will decrease by $20,000.