The principle of parsimony indicates that the simplest model that gets the job done adequately should be used

Indicate whether the statement is true or false

T

Business

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What is "maximizing profits" as a social responsibility theory in business?

A) the theory that a corporation must consider the effects its actions have on persons other than its shareholders B) the theory that a corporation's duty is to make a profit while avoiding causing harm to others C) the theory that a corporation owes a duty to take actions that increase profits for shareholders D) the theory that a business has a responsibility solely to its stakeholders

Business

In general, the reverse logistics function for a manufacturer is more expensive to operate on a per unit basis than the forward logistics function that sends the products to market

Indicate whether the statement is true or false.

Business