Which social responsibility theory has been advocated by Nobel Prize winning economist Milton
Friedman?
A) Corporate social audit
B) Corporate citizenship
C) Stakeholder interest
D) Moral minimum
E) Maximizing profits
E
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ABC Company purchased some musical instruments from a wholesaler to sell in its store. ABC borrowed the money for this inventory from Redletter Bank who perfected a security interest by filing. Adams purchased a piano for his home since he wished to take piano lessons. This is strictly for personal, not business, use. Banner, a professional pianist, purchased a piano for his music studio. ABC defaults on its loans with Redletter Bank and the bank wishes to repossess the pianos from Adams and Banner. From which parties can Redletter Bank repossess?
A. Adams only. B. Banner only. C. Both Adams and Banner. D. Neither Adams nor Banner.
Which of the following is NOT a reason to conduct a performance appraisal?
A. To provide feedback B. To facilitate decisions in Human Resource management C. To validate the selection process D. To measure traits or behavior that is irrelevant to job performance.