Juniper Ltd, a manufacturer of jams and jellies, has been sued by Trevor who alleges that
he consumed worms in one of their products and which made him severely ill.
Juniper sells all of its products through an independent regional distributor Jellyco. Juniper's manufacturing process entails bottling the jams and jellies when the mixtures are at boiling temperatures and thereafter immediately sealing the containers. It therefore believes that it is impossible that worms could have been in its product when it left the manufacturing plant. Which of the following is its best defence to Trevor's claim?
A) That it did not cause the defect in the product
B) That it does not know how the defect occurred
C) That Jellyco must have caused the defect
D) That Trevor did not really suffer an injury
E) That it owed no duty of care to Trevor
C
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Differential ________ is the amount of increase or decrease in revenue that is expected from a course of action
a. loss b. income c. cost d. revenue
Claudia is trying to develop a communications plan for a new plant opening. She puts in many hours of overtime and eventually gives up and goes home without finishing the project. She is most likely in the _____ stage of the General Adaptation Syndrome (GAS).
A. resistance B. alarm C. exhaustion D. preparation E. verification
Which one of the following statements is correct if a portfolio has a Jensen measure of return of zero?
A) The portfolio has a total return of zero percent. B) The portfolio earned exactly its expected return on a risk-adjusted basis. C) The portfolio outperformed the market on a risk-adjusted basis. D) The market provides a better return on a risk-adjusted basis.
A county adopted a flexible affirmative action program with no specific quotas, but with the purpose of getting more women in certain positions in which there were no women. To accomplish its goal, the County hired a qualified woman instead of a man who had scored higher on a valid aptitude test. The man sued arguing the program was discriminatory. You would expect the Supreme Court held that
this action was: a. a legitimate affirmative action program b. legal if the county could demonstrate that the woman was better qualified than the man c. legal only if the county adopted a program with specific clearly specified quotas d. illegal because the affirmative action program had not been approved by the EEOC e. illegal because of reverse sex discrimination