Studies show that in advanced countries, levels of honesty are:

a. Generally stable
b. Increasing
c. Decreasing


c
FEEDBACK: a. Incorrect.
b. Incorrect.
c. Correct. Levels of honesty are decreasing.

Business

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Employee representation plans that included both managers and employee representatives but were established and run by the company were called _______________________ unions.

Fill in the blank(s) with the appropriate word(s).

Business

Nick is summarizing his research findings and writing a report to share with his team. What step in the marketing research process is Nick in?

A. peer review B. evaluation C. analyzing outcomes D. taking action E. implementation

Business

Best Bagels, Inc. (BB)

currently has zero debt.  Its earnings before interest and taxes (EBIT) are $130,000, and it is a zero growth company.  BB’s current cost of equity is 13%, and its tax rate is 25%.  The firm has 30,000 shares of common stock outstanding selling at a price per share of $25. Refer to the data for . Now assume that BB is considering changing from its original capital structure to a new capital structure with 40% debt and 60% equity. This results in a weighted average cost of capital equal to 11.7% and a new value of operations of $833,333. Assume BB raises $333,333 in new debt and purchases T-bills to hold until it makes the stock repurchase. What is the stock price per share immediately after issuing the debt but prior to the repurchase? A. $18.58 B. $20.65 C. $25.00 D. $27.78 E. $30.19

Business

An average firm may have a supply chain delivery performance of approximately _______.

a. 70–80% b. 85–90% c. 90–94% d. 95–99%

Business