Business Law and Corporate Ethics

1. A baby stroller manufacturer buys the wheels from a company. Currently the pr

1. A baby stroller manufacturer buys the wheels from a company. Currently the price of one wheel is $4 each but for a number of reasons they are planning to double the price in th…

1. A bakery uses 80 bags of chocolate chips each year. The chocolate chips are p

1. A bakery uses 80 bags of chocolate chips each year. The chocolate chips are purchased from a supplier for a price of $80 per bag and an ordering cost of $20 per order. Bakery A…

1. A bakery\'s use of corn sweetener is normally distributed with a mean of 80 g

1. A bakery's use of corn sweetener is normally distributed with a mean of 80 gallons per day and a standard deviation of four gallons per day. Lead time for delivery of the corn …

1. A blue-ocean strategy: A. is an offensive strike employed by a market leader

1. A blue-ocean strategy: A. is an offensive strike employed by a market leader that is directed at pilfering customers away from unsuspecting rivals to boost profitability. B. in…

1. A building contractor follows the network organization model when he does whi

1. A building contractor follows the network organization model when he does which of the following? a. Does the framing and tiling by himself. b. Hires three workers to help with…

1. A cafeteria has one cashier. Customers carrying their food wait in a queue to

1. A cafeteria has one cashier. Customers carrying their food wait in a queue to pay the cashier. Arrivals of customers to the queue form a Poisson process with a rate of 56 custo…

1. A check issued Payable to the order of Rowan University for the amount of $1,

1. A check issued Payable to the order of Rowan University for the amount of $1,050. The drawer wrote the words “ one thousand, five hundred and 00/100 dollars” on the check. Is t…

1. A chemical company produces two types of solvents. One solvent (Varsol) takes

1. A chemical company produces two types of solvents. One solvent (Varsol) takes three hours to go through the cracking process and two hours to go through the refining process. T…

1. A city will undertake four urban renewal housing projects over the next five

1. A city will undertake four urban renewal housing projects over the next five years. Each project has a different timetable. The following table provides the basic data of the s…

1. A claim can be a statement that: A. acknowledges facts. B. interprets facts.

1. A claim can be a statement that: A. acknowledges facts. B. interprets facts. C. asks for direct action. D. All of the above. 2. The preferred strategy for connecting with an au…

1. A co-worker has requested that you review her data analysis and resulting rep

1. A co-worker has requested that you review her data analysis and resulting report. This person is new to the staff and the performance improvement field but has significant expe…

1. A code of ethics does not give right or wrong answers to ethical issues, so w

1. A code of ethics does not give right or wrong answers to ethical issues, so what value does it serve? 5 marks 2. Why should backup schedules be reviewed and why is undertaking …

1. A coffee shop owner wants to make a decision on purchasing a new espresso mac

1. A coffee shop owner wants to make a decision on purchasing a new espresso machine and he is having three options for the espresso machine. The fixed costs and variable costs ar…

1. A company allowed its employees to take a half hour lunch break. However, the

1. A company allowed its employees to take a half hour lunch break. However, the break was uncompensated, and the employees were not permitted to leave the employer’s premises dur…

1. A company engages in___________ in order to generate a pool of job candidates

1. A company engages in___________ in order to generate a pool of job candidates. A) Performance appraisal B) Recruiting C) Selection D) Human resource planning 2. The________for …

1. A company has a production line for the manufacture of an item. The line is i

1. A company has a production line for the manufacture of an item. The line is integrated by five work stations. Which have the following information. The line is designed with an…

1. A company has introduced a process improvement that reduces processing time f

1. A company has introduced a process improvement that reduces processing time for each unit, so that output is increased by 25% with less material, but one additional worker requ…

1. A company has two warehouses A and B, and three retail outlets 1, 2 and 3. Th

1. A company has two warehouses A and B, and three retail outlets 1, 2 and 3. The warehouse capacities, retail outlet demands, and per-unit shipping costs ($) are shown in the tab…

1. A company sells consumer products like soaps and detergents using door-to-doo

1. A company sells consumer products like soaps and detergents using door-to-door sales. That is, salesmen make calls at homes, demonstrate their products, sell and collect paymen…

1. A company that doesn\'t just make money but makes a difference in the world a

1. A company that doesn't just make money but makes a difference in the world and gives back to the community is a company that engages in_______ a. egoism b. Social responsibilit…

1. A company that is trying to be a leader in innovation within its industry wou

1. A company that is trying to be a leader in innovation within its industry would be most likely to have this kind of structure. a. Mechanistic b. Organic c. Simple d. Functional…

1. A company uses 5000 units of an item in a year. It costs the company $35 to p

1. A company uses 5000 units of an item in a year. It costs the company $35 to place an order for this item, and it costs $24 to hold one unit of this item in inventory for one ye…

1. A criminal judicial process is needed only because: a. people commit crimes.

1. A criminal judicial process is needed only because: a. people commit crimes. b. government must control citizen behavior. c. lawyers are trained to practice criminal law. d. no…

1. A custom furniture manufacturer is considering outsourcing some of their oper

1.       A custom furniture manufacturer is considering outsourcing some of their operation processes for a part. If they produce in-house, the process has a fixed cost of only $2…

1. A decision maker who is considered to be a risk taker is faced with this set

1.     A decision maker who is considered to be a risk taker is faced with this set of probabilities and payoffs State of Nature Decision s1 s2 s3 d1     5   10 20 d2 ?25     0 50…

1. A divestment: a. entails selling a business unit to the highest bidder which

1. A divestment: a. entails selling a business unit to the highest bidder which might include another company, a group of independent investors, or the management of that unit. b.…

1. A factory making circuit boards tests the quality by taking a sample of 500 c

1. A factory making circuit boards tests the quality by taking a sample of 500 circuit boards out of a shift’s production. Over time, the manufacturer has found that their circuit…

1. A firm starts production of a new product, and forecasts production and sales

1. A firm starts production of a new product, and forecasts production and sales during the time periods (t1,t2,t3)=(1,2,3). The demand during time period t is estimated to be equ…

1. A firm that makes shopping shelfs for supermarkets and other stores recently

1. A firm that makes shopping shelfs for supermarkets and other stores recently purchased some new equipment that reduces the labour requirements (hours) of the jobs needed to pro…

1. A firm\'s in-house creative department develops marketing communications to h

1. A firm's in-house creative department develops marketing communications to highlight the firm's product. In this role, the creative department is considered the _______ of the …

1. A fragmented industry is one in which: Select one: A. foreign firms have almo

1. A fragmented industry is one in which: Select one: A. foreign firms have almost equal market shares on domestic firms. B. one firm strongly influences the industry's outcomes. …

1. A furniture warehouse’s annual turns are 17.8 times, its Cost of Goods Sold (

1. A furniture warehouse’s annual turns are 17.8 times, its Cost of Goods Sold (COGS) is $23.1 million. What is the average inventory it holds in $ million? Fill in a number that …

1. A gracious welcome by an employee at the hotel check-in counter is an example

1. A gracious welcome by an employee at the hotel check-in counter is an example of: (A) social sustainability. (B) predictive analytics. (C) service blue print. (D) moment of tru…

1. A group of Sacramento Valley rice farms are owner-members of Farmer Rice Coop

1. A group of Sacramento Valley rice farms are owner-members of Farmer Rice Cooperative (FRC). They are considering where to market their rice. The local option is through a one m…

1. A hospital emergency room averages 50 patients per shift. A shift is 8 hours

1. A hospital emergency room averages 50 patients per shift. A shift is 8 hours long, and the average patient requires 20 minutes in the exam room. a. How many exam rooms should t…

1. A hospital emergency room averages 50 patients per shift. A shift is 8 hours

1. A hospital emergency room averages 50 patients per shift. A shift is 8 hours long, and the average patient requires 20 minutes in the exam room. a. How many exam rooms should t…

1. A hospital emergency room is currently organized so that all patients registe

1. A hospital emergency room is currently organized so that all patients register through an initial check-in process. At his or her turn, each patient is seen by a doctor and the…

1. A job description is A. the description of the competencies that a jobholder

1. A job description is A. the description of the competencies that a jobholder must have to perform the job successfully B. the study of the tasks, duties, and responsibilities o…

1. A jury cannot be sequestered in important cases. True False 10 points QUESTIO

1. A jury cannot be sequestered in important cases. True False 10 points    QUESTION 2 Which of the following statements is true about pretrial motions? In deciding the motion for…

1. A key disadvantage of a polycentric staffing policy is that it limits the car

1. A key disadvantage of a polycentric staffing policy is that it limits the career mobility of subsidary executives. true false 2. Sophia is am engineer with Prudent dynamics. Pr…

1. A law that took a protected freedom away from women without a compelling stat

1. A law that took a protected freedom away from women without a compelling state interest would be unconstitutional because it:     a. violated equal protection     b. violated d…

1. A local machine shop requested your assistance to find bottle necks in the sy

1. A local machine shop requested your assistance to find bottle necks in the system The plant runs 50 weeks a year 5 days a week with 2 shifts of 8 hours each The customer demand…

1. A local pastry shop sells a whipped-cream layer cake. It costs $10 to prepare

1. A local pastry shop sells a whipped-cream layer cake. It costs $10 to prepare each cake and fresh cakes sell for $20. The demand for the cakes can be approximated by a Normal d…

1. A machine that has passed the phase of early failures exhibits a normal distr

1. A machine that has passed the phase of early failures exhibits a normal distribution of failures. The smaller the standard deviation of this distribution a. the more likely thi…

1. A manager is using the __________ method of performance appraisal when the em

1. A manager is using the __________ method of performance appraisal when the employee's performance is evaluated using a checklist of traits or characteristics that are related t…

1. A manufacturer raised the wholesale price from $2.5 to $3, and retail price i

1. A manufacturer raised the wholesale price from $2.5 to $3, and retail price increased from $3.6 to $3.9, what’s the pass-through rate? A. 40% B. 50% C. 60% D. 70% E. 100% 2. Wh…

1. A manufacturing company produces diesel engines in four factories located in

1. A manufacturing company produces diesel engines in four factories located in Phoenix, Seattle, Baltimore, and Cleveland. Three trucking firms purchase these engines for their p…

1. A manufacturing shop with a single workstation (machine) produces 6 products

1. A manufacturing shop with a single workstation (machine) produces 6 products (jobs). The following table shows the estimated processing times, weights and due dates of these jo…

1. A method for training that was developed in the 1940s and is still useful tod

1. A method for training that was developed in the 1940s and is still useful today is: a.On-the-job training b.Job aids c.Best practice roundtables d.Projects 2. A method for coll…

1. A new bank offers a special promotion where patrons in the first 3 hours of o

1. A new bank offers a special promotion where patrons in the first 3 hours of operation were able to purchase a $100 bill for only $50. Before the branch opened its doors, a line…