QUESTION Which of the following is a government strategy to remove money from the general economy? A) lower taxes B) borrow money C) increase funds available to banks D) raise taxes E) lower interest rates ANSWER Answer: D Explanation: D) Raising taxes takes money out of the hands of consumers and businesses.
Date: September 3rd, 2020
QUESTION Which of the following, if true, tends to compromise the ethical standing of the CEO’s position? A) The CEO was born and raised in the community where the new plant will be located. B) The CEO plans to purchase the solar energy panels for the new plant from an alternative energy business just started […]
Date: September 3rd, 2020
QUESTION The term demand dynamics describes the concept that consumers influence the marketplace through their choices of which products to buy or not buy. Indicate whether the statement is true or false. ANSWER Answer: FALSE Explanation: This concept is called consumer sovereignty.
Date: September 3rd, 2020
QUESTION The report’s claim about Macmoo’s tuition reimbursement program rests on which assumption? A) Tuition costs have risen dramatically in recent years. B) The cost of going to college is higher than the average salary of a Macmoo employee. C) Macmoo did not create the program primarily in order to attract top talent to the […]
Date: September 3rd, 2020
QUESTION Which of the following, if true, strengthens the report’s claims about the ethical culture at Macmoo? A) No employee who has failed to meet all of his or her corporate responsibility goals is eligible for promotion. B) Employees who apply for the tuition reimbursement program must agree to work at Macmoo for at least […]
Date: September 3rd, 2020
QUESTION Resource development focuses on studying the factors of production. Indicate whether the statement is true or false. ANSWER Answer: TRUE Explanation: This area of study examines how to develop the resources for creating and best utilizing goods and services. Factors of production are the means for developing goods and services.
Date: September 3rd, 2020
QUESTION All of the following, if true, make it more difficult to determine Ozzie’s position on an issue EXCEPT which one? A) The company may be faced by the same question at different points in time. B) The founders did not face many of the questions that the current company faces. C) The reasoning behind […]
Date: September 3rd, 2020
QUESTION Which of the following, if true, strengthens the ethical standing of the CEO’s position? A) Due to new federal “cap and trade” controls, the cost of coal is likely to increase sharply in the next decade, along with that of electricity generated by burning coal. B) The commitment to “green” and sustainable energy use […]
Date: September 3rd, 2020
QUESTION Kelly and Sharon most likely disagree on which of the following questions? A) Are financial goals a significant consideration for the organization? B) Is there ever a conflict between the visions of the founders and the goal of improving society? C) Should the company promote the well-being of society when doing so will have […]
Date: September 3rd, 2020
QUESTION Kelly is most likely to support Sharon’s point of view if which of the following were shown to be true? A) The company’s customers have become unwilling to do business with companies that focus exclusively on profits. B) Support for projects that promote the well-being of society have become more popular in the company. […]
Date: September 3rd, 2020
