Muscat Electricity Distribution Company disconnected the electricity supply to a flat owned by a very poor family that was not able to pay electricity bills for the last 6 months. This action is

a. Ethical and illegal
b. Unethical and legal
c. Unethical and illegal
d. Ethical and legal

Answer: b. Unethical and legal

Business

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Product differentiation refers to the way a product is defined by consumers on important attributes—the place the product occupies in consumers' minds relative to competing products

Indicate whether the statement is true or false

Business

Options models are used to assist in project selection decisions:

A) When IRR calculations are favorable but NPV calculations are unfavorable. B) When a company may not recover the money it invests in a project. C) When NPV calculations are favorable but IRR calculations are unfavorable. D) When a company is guaranteed to recover the money it invests in a project.

Business