How has the adoption of codes of ethics by businesses changed over time?
a. Survival of the fittest has led fewer businesses to abide by their own codes of ethics.
b. Since the 1960s, vastly more businesses have adopted them to be more in line with
public and industry expectations.
c. The rate of adoption by businesses has remained roughly the same since the 1960s.
d. The superficial adoption of codes of ethics has increased, while moral expectations of business has decreased.
b. Since the 1960s, vastly more businesses have adopted them to be more in line with
public and industry expectations.
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A manager who takes away a promotion offer as punishment for an employee’s behavior is exercising her _______ power.
a. legitimate and coercive b. legitimate and reward c. legitimate d. coercive
Which of the following is NOT a type of personal power?
A. Reward B. Persuasive C. Informational D. Expert E. Referent
If fixed costs are $490,000, the unit selling price is $35, and the unit variable costs are $20, what is the break-even sales (units) if fixed costs are reduced by $40,000?
A) 32,667 units B) 14,000 units C) 30,000 units D) 24,500 units
An IRA contribution may defer taxes on current income
Indicate whether the statement is true or false