Which of the following is a step typically involved in the nominal group method?

A) Participants speak out various ideas in form of phrases.
B) The group members hitchhike on each other's ideas.
C) Everyone is encouraged to be as wild and crazy as possible.
D) Each group member rates the ideas suggested by the group members.

The traditional objective of the business corporation has been to:

A) act in a socially and morally responsible manner.
B) act consistently with the purpose clause of the corporation.
C) serve the community in which the business resides.
D) enhance corporate profits and shareholder gain.

Refer to Table 16.2. Suppose the government wants to reduce the total amount of pollution from the current level of 10 to 4. To do this, the government caps each firm's emissions at 2 units and issues 2 permits to each firm. If firms are allowed to trade permits, what is the total cost of the pollution reduction?

A) $24
B) $40
C) $43
D) $81

The main advantage of a distribution network with local storage is that it can lower the delivery cost and provide a faster response than other networks.

As IT manager of Some Corporation, you are frequently asked to recommend what medium of communication would be appropriate for a given purpose. In which of the following situations would you recommend the use of IM?

A) The line manager needs to send a message to the HR manager detailing how an employee flouted company rules and needs to be disciplined.
B) The sales manager needs to send to the COO confidential information relating to a tender that the company is submitting.
C) The marketing manager needs to present next year's marketing budget and plan to the Board of Directors.
D) The operations manager needs to direct the work of the support staff working on repairing a key piece of machinery and get real-time updates from them.

Which statement is TRUE of a normal good?

A) When income increases,the demand for the good remains unchanged.
B) When income increases,the demand for the good decreases.
C) When income increases,the demand for the good increases.
D) Income and the demand are unrelated.