Organizational ethics are learned by:
A. attending corporate responsibility seminars.
B. tracking the failures of those who are caught in business scandals.
C. attending business classes and regularly taking notes.
D. observing the actions of others.
Ans: D. observing the actions of others.
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Which of the following statements is true?
A. When cost of goods sold as a percentage of sales increases the gross margin percentage will increase. B. It is possible for cost of goods sold in dollars to increase while cost of goods sold as a percentage of sales decreases. C. If gross margin percentage is the same for the current and past year, then sales and cost of goods sold in dollars did not change. D. Both B and C are true. E. All of the above are true.
Amber believes that her auto insurance premium is too high. Which of the following would most likely lower Amber's premium?
A) Amber could increase her physical damage deductible. B) Amber could move from the rural area where she lives to an urban or suburban area. C) Amber could increase the amount of liability insurance that she carries. D) Amber could add "other-than-collision loss" coverage to her policy.