Business Law and Corporate Ethics

A few companies have been cited for engaging in off-label promotion. Although mo

A few companies have been cited for engaging in off-label promotion. Although most have not admited wrong-doing, all have settled with millions of dollars in fine, and agreed to c…

A few months ago, the president of Clearwater National Bank hired you to improve

A few months ago, the president of Clearwater National Bank hired you to improve their IT security program. She was concerned that customer information was vulnerable to hackers, …

A few years ago Mark and Phil thought it would be fun to work together on a piec

A few years ago Mark and Phil thought it would be fun to work together on a piece of research. They also hoped it would benefit their continuing development as researchers. Mark’s…

A few years ago Mark and Phil thought it would be fun to work together on a piec

A few years ago Mark and Phil thought it would be fun to work together on a piece of research. They also hoped it would benefit their continuing development as researchers. Mark’s…

A few years ago Mark and Phil thought it would be fun to work together on a piec

A few years ago Mark and Phil thought it would be fun to work together on a piece of research. They also hoped it would benefit their continuing development as researchers. Mark’s…

A few years ago Mark and Phil thought it would be fun to work together on a piec

A few years ago Mark and Phil thought it would be fun to work together on a piece of research. They also hoped it would benefit their continuing development as researchers. Mark’s…

A few years ago in England, two activists were sued by McDonald’s for handing ou

A few years ago in England, two activists were sued by McDonald’s for handing out leaflets accusing the company of paying low wages, cruelty to animals used in its products, and o…

A few years ago, Blockbuster was the dominant competitor in video rentals, but t

A few years ago, Blockbuster was the dominant competitor in video rentals, but today the company has gone through bankruptcy and is a fraction of its former size. Imagine that Blo…

A few years ago, I wanted to buy a pair of studded snow tires for my bicycle. I

A few years ago, I wanted to buy a pair of studded snow tires for my bicycle. I identified a good make of bicycle snow tire (Nokian) and searched for suppliers on the Internet. I …

A fictional country made Guilder has a population with higher levels of income t

A fictional country made Guilder has a population with higher levels of income than other near nearby countries. This extra income has been a success in the past for Guilders manu…

A fifty-eight-year-old sales representative was placed on a PIP on May 1. He was

A fifty-eight-year-old sales representative was placed on a PIP on May 1. He was a good team player, always on time for meetings, but his sales numbers were low. His May numbers s…

A film company needs to cut 15 long rolls and 10 short rolls of film from stock

A film company needs to cut 15 long rolls and 10 short rolls of film from stock pieces. Each stock piece can be cut in one of two patterns. The first produces 5 long and 2 short r…

A film developing company develops and produces high definition photo prints.Cur

A film developing company develops and produces high definition photo prints.Currently they produce 500 photo prints per day, working in two 10-hour shifts. The film developing co…

A financial advisor is about to build an investment portfolio for a client who h

A financial advisor is about to build an investment portfolio for a client who has $400,000 to invest. The four investments available are A, B, C, and D. Investment A will earn fo…

A financial advisor is about to build an investment portfolio for a client who h

A financial advisor is about to build an investment portfolio for a client who has $100,000 to invest. The four investments available are A, B, C, and D. Investment A will earn fo…

A financial planner wants to design a portfolio of investments for a client. The

A financial planner wants to design a portfolio of investments for a client. The client has $300,000 to invest and the planner has identified four investment options for the money…

A financial services company processes applications for home mortgages and comme

A financial services company processes applications for home mortgages and commercial loans for its clients. Both types of applications are first reviewed by the screening departm…

A finished product called A is produced using several different subassemblies. O

A finished product called A is produced using several different subassemblies. One of these subassemblies is subassembly B. subassembly B is made of many parts and one of these pa…

A fire extinguisher can be placed in the locations represented in the graph belo

A fire extinguisher can be placed in the locations represented in the graph below, numbered 1-7. However, location no. 4 and 6 are not suitable for storing an extinguisher. The nu…

A firm acquires a strategically related target after successfully fending off fo

A firm acquires a strategically related target after successfully fending off four other bidding firms. Under what conditions, if any, can the firm that acquired this target expec…

A firm cleans chemical tank cars in the Bay St. Louis area. With standard equipm

A firm cleans chemical tank cars in the Bay St. Louis area. With standard equipment, the firm typically cleaned 70 chemical tank cars per month. They utilized 10 gallons of solven…

A firm cleans chemical tank cars in the Bay St. Louis area. With standard equipm

A firm cleans chemical tank cars in the Bay St. Louis area. With standard equipment, the firm typically cleaned 70 chemical tank cars per month. They utilized 10 gallons of solven…

A firm has decided to use the balanced scorecard. Which of the following is not

A firm has decided to use the balanced scorecard. Which of the following is not an advantage the company will gain by using the balanced scorecard? It will link the company's CSF …

A firm has redesigned its production process so that it now takes 8 hours for a

A firm has redesigned its production process so that it now takes 8 hours for a unit to be made. Using the old process, it took 13 hours to make a unit. If the process makes one u…

A firm has redesigned its production process so that it now takes 8 hours for a

A firm has redesigned its production process so that it now takes 8 hours for a unit to be made. Using the old process, it took 13 hours to make a unit. If the process makes one u…

A firm has the following short-run production function Q-50L 61-0.5 where Q= Qua

A firm has the following short-run production function Q-50L 61-0.5 where Q= Quantity of output per week L = Labor (number of workers) a. When does the law of diminishing returns …

A firm hosts data-mining servers and performs data mining for other companies th

A firm hosts data-mining servers and performs data mining for other companies that do not desire the costs of hardware, software, or expertise to data mine their data. The firm is…

A firm hosts eCommerce transactions for other companies. The firm processes cred

A firm hosts eCommerce transactions for other companies. The firm processes credit purchases supporting most major credit cards and is known as an inexpensive alternative to other…

A firm is about to undertake the manufacturing of a product, and is weighing thr

A firm is about to undertake the manufacturing of a product, and is weighing three capacity alternatives: small job shop, large job shop, and repetitive manufacturing plant. The s…

A firm is considering three capacity alternatives: A, B, and C. Alternative A wo

A firm is considering three capacity alternatives: A, B, and C. Alternative A would have an annual fixed cost of $100,000 and variable costs of $22 per unit. Alternative B would h…

A firm is considering whether to continue to buy a particular component or to ma

A firm is considering whether to continue to buy a particular component or to make the component themselves. There is no fixed cost associated with buying the component, but each …

A firm is developing a new product. An early introduction (beating rivals to mar

A firm is developing a new product. An early introduction (beating rivals to market) would greatly enhance the company’s revenues. However, the intensive development effort needed…

A firm is evaluating a pure level aggregate plan. Over the next twelve months (i

A firm is evaluating a pure level aggregate plan. Over the next twelve months (its intermediate period). it estimates the sum of demands to be 105,000 units. The firm has 250 prod…

A firm is evaluating the alternative of manufacturing a part that is currently b

A firm is evaluating the alternative of manufacturing a part that is currently being outsourced from a supplier. The relevant information is as follows: For in-house manufacturing…

A firm is faced with the attractive situation in which it can obtain immediate d

A firm is faced with the attractive situation in which it can obtain immediate delivery of an item it stocks for retail sale. The firm has therefore not bothered to order the item…

A firm is faced with the attractive situation in which it can obtain immediate d

A firm is faced with the attractive situation in which it can obtain immediate delivery of an item it stocks for retail sale. The firm has therefore not bothered to order the item…

A firm is noticing that 10% of its freelance contacts are not being completed on

A firm is noticing that 10% of its freelance contacts are not being completed on time. They suspect this is because there are no consequences for lateness for the freelancers, but…

A firm is selling two products, chairs and bar stools, each at $60 per unit. Cha

A firm is selling two products, chairs and bar stools, each at $60 per unit. Chairs have a variable cost of $30, and bar stools $25. Fixed cost for the firm is $21,000. If the sal…

A firm makes and sells T-shirts in three different colors 1) Red, 2) Green, and

A firm makes and sells T-shirts in three different colors 1) Red, 2) Green, and 3) Blue and each shirt is offered in four different sizes 1) Small, 2) Medium, 3) Large, and 4) X-L…

A firm makes three different categories produc an Economy model, a standard mode

A firm makes three different categories produc an Economy model, a standard model and a deluxe model. Economy model contributes 63 omani Rials per unit to profit, Standard model c…

A firm may change its strategy as a response to a change in the environment. Tru

A firm may change its strategy as a response to a change in the environment. True False 1 points    QUESTION 2 An organization’s weaknesses are derived from its set of resources. …

A firm may choose to implement a Project Management Methodology in order to impr

A firm may choose to implement a Project Management Methodology in order to improve Project Consistency Project Comparability Project Efficiency Project Effectiveness Any or all o…

A firm must choose between remaining where it is, with current capacity, and bui

A firm must choose between remaining where it is, with current capacity, and building a new facility with 50% more capacity. The probability of high demand is estimated to be 75%.…

A firm must choose between remaining where it is, with current capacity, and bui

A firm must choose between remaining where it is, with current capacity, and building a new facility with 50% more capacity. The probability of high demand is estimated to be 75%.…

A firm must plan production for the next six months. Each unit costs $340 to pro

A firm must plan production for the next six months. Each unit costs $340 to produce and it has an inventory holding cost of $20 per unit per month based on ending inventory level…

A firm must plan production for the next six months. Each unit costs $470 to pro

A firm must plan production for the next six months. Each unit costs $470 to produce and it has an inventory holding cost of $19 per unit per month based on ending inventory level…

A firm operates two farms of comparable productivity. Each farm has a certain am

A firm operates two farms of comparable productivity. Each farm has a certain amount of usable acreage and a supply of labor hours to plant and tend the crops. Farm 1 has 600 acre…

A firm plans to begin production of a new small appliance. The manager has three

A firm plans to begin production of a new small appliance. The manager has three options: Option 1: purchase the motors for the appliance from a vendor at $9 each; Option 2: produ…

A firm plans to begin production of a new small appliance. The manager must deci

A firm plans to begin production of a new small appliance. The manager must decide whether to purchase the motors for the appliance from a vendor at $10 each or to produce them in…

A firm plans to begin production of a new small appliance. The manager must deci

A firm plans to begin production of a new small appliance. The manager must decide whether to purchase the motors for the appliance from a vendor at $7 each or to produce them in-…