A 70 year old woman, using the escalator at the airport, dropped a glove. When she attempted to pick it up, she lost her balance and fell. As a result of the accident, she suffered a fractured vertebra
In an action by her against the company which had the responsibility of maintaining the escalator, the defendant company would argue which of the following as its best defence?
A) It did not owe her a duty of care.
B) It did not act below the standard of care
C) There were no damages suffered
D) Voluntary assumption of risk
E) Contributory negligence
B
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If a proposed expenditure of $70,000 for a fixed asset with a 4-year life has an annual expected net cash flow and net income of $32,000 and $12,000, respectively, the cash payback period is 2.5 years
Indicate whether the statement is true or false
Why do most firms consider test marketing essential for new products?
a. The high price of failure simply prohibits the widespread introduction of new products without testing. b. The speed, safeness, and reliability of test marketing is higher than that of simulated market testing. c. The ability of test marketing to evaluate consumer preference for a new product prior to developing a prototype increases its importance. d. The decision to test a product sets several tasks in motion, such as ordering product materials, starting production, building inventories, and advertising to potential customers.
Title VII of the Civil Rights Act of 1964 prohibition against sex discrimination applies equally to
men and women. Indicate whether the statement is true or false
Of the approaches to job design, ________ is the most recently evolved and attempts to merge earlier perspectives.
A. bottom-up B. i-deals C. job enrichment D. job enlargement E. job rotation