Answer the following statements true (T) or false (F)
1) It is easier to achieve equity than equality.
2) Equality is inevitable with a capitalistic system.
3) Gender equality means that women and men have equal means and opportunities for realizing their full human rights and responsibilities.
4) Capitalism assumes that competition is both natural and desirable.
5) A monopoly occurs when there are few sellers in an industry and these sellers behave similarly.
1) TRUE
2) FALSE
3) TRUE
4) TRUE
5) FALSE
You might also like to view...
Harvey's Bookstore is a popular online bookstore that has differentiated itself through smooth-functioning delivery networks. This is an example of ________ differentiation
A) product B) image C) price D) channel E) people
The goal of global leadership development is to
A. tick off the boxes so that management will recognize your skills. B. build language fluency. C. build allies and networks in the firm where your skills are recognized. D. obtain the variety of transformational experiences that are needed to develop global leadership capability.
Merchant Corporation provides plumbing services. Transactions of Merchant during the first year of operations are given below
a) Received $12,000 cash and issued common stock to Sharon b) Paid $1,600 cash for equipment to be used for plumbing repairs. c) Borrowed $14,000 from a local bank and deposited the money in the checking account. d) Paid $600 rent for the year. e) Purchased $200 of office supplies by cash. f) Completed a plumbing repair project for a local lawyer and received $3,000 cash. Calculate the amount of total liabilities at the end of the first year. A) $14,000 B) $12,000 C) $24,400 D) $3,000
When the cost of a short-term held-to-maturity debt security is different from the maturity value, the difference is amortized over the remaining life of the security.
Answer the following statement true (T) or false (F)