Jill owns a retail business by herself and was sued by a customer who fell in the store. The customer claimed the business was negligent in caring for its floors. Which statement best describes Jill's potential liability?

A) Jill has no potential liability to the customer.
B) Jill can be held personally liable to the customer since she is the owner.
C) Jill can only be liable to the amount she initially invested in the business.
D) Jill cannot be held personally responsible; the woman's insurance must pay for the claim.


B

Business

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Ritzer argues that all aspects of our world are being rationalized through McDonaldization via four major mechanisms. One of those is the process of ‘Efficiency’, which of the following is an example of such a mechanism?

a. Using an explicitly stated and pre-programmed script so staff can quickly deal with customers b. Ensuring means of production – from produce through to staff – are of a minimal cost c. Using standardized procedures and machinery to produce standardized products and services so customers know what they are going to get irrespective of where or when they buy it d. Ensuring everyone wears the uniform, smiles at the customer and is extensively trained to ensure they stick to the pre-programmed script

Business

When a firm engages in social actions because of its obligation to meet certain economic and legal responsibilities, it is said to be socially responsive.

Answer the following statement true (T) or false (F)

Business

Scenario A: Alexis, the manager of Full Circle Fitness, has several decisions to make as the week begins. She always comes in early on Mondays to sift through the paperwork on her desk and decide what needs to be done for the week and in which order. The following are decisions facing Alexis this week:Giving two personal trainers raises based on the company's policy for wage increases Determining whether or not to open a facility in a new market to target more customers Interviewing applicants for two open part-time fitness instructor positions and hiring them Providing input to the owner on a possible upgrade to the elliptical machines currently in use In Scenario A, Alexis's decision regarding the raises for two personal trainers can best be classified as a ________ decision.

A. cognitive B. non-vigilant C. nonprogrammed D. programmed E. vigilant

Business

Developing economies ________

A) account for nearly two-thirds of world GDP B) are often highly developed in historical and cultural terms C) are characterized by high purchasing power D) have a high literacy rate

Business