Facebook,Twitter,YouTube,and other technologies are key elements of the ________,in which information tools can waste as much time as they save.

A) social media conundrum
B) time-space continuum
C) information technology paradox
D) digital efficiency enigma

Leases of personal property exceed $100 billion annually and are governed by Article 2A of the UCC.

________ has worked hard to reuse heat energy from boilers in its production process and reduce its total water footprint.

A) Walmart
B) Coca-Cola
C) IBM
D) Starbucks

Long ago, your friend Harry became wealthy through the tremendous success of a gadget he designed that allowed microchips to be produced without being touched by humans. Ever since, he has been invited to sit on the board of directors of different corporations, and has now decided it is time to accept. He is aware of the increasing number of cases finding directors personally liable. He does not want to be connected with a corporation involved with any wrong-doing. He has hired you to prepare in-depth reports on five corporations. Your reports reveal the following. In which of these is there no legal wrong?

A) 123456 Canada Ltd.: In a closely held corporation with four members, each owning 25% of the outstanding shares, the two members who served as directors voted to issue more shares, which they sold directly to themselves to give them voting control of the corporation, despite a provision providing for pre-emptive rights in a shareholders agreement.
B) 167354 Canada Ltd.: A director who learned of a business opportunity while serving on the board of directors intercepted the opportunity for himself before the company could act on it.
C) 1999872 Canada Ltd.: A minority shareholder joined with a group that protested the corporation's involvement in a logging operation and tried to prevent the planned logging.
D) 3721956 Canada Ltd.: The majority of the directors voted on a measure that was not in the best interest of the corporation, but that would financially weaken the position of a shareholder whom they personally disliked.
E) 12376252 Canada Ltd.: In this broadly held computer software corporation, a director, without the knowledge or consent of the board of directors, started a competing business that he ran from his home.

What is one financial benefit of a merger?

A) tax advantages
B) reduced debt load
C) increased stock price
D) higher productivity

Equivalent units of production in a department for a period will be equal to the number of equivalent units in ending work in process inventory.

According to Robert Katz, what are the three categories of managerial skills?

The authors explain that a firm earning a zero economic profit in the long run has earned a competitive return on their investment. What do they mean by "competitive" return in this context?

A) The firm's return could only be earned under perfect competition and would be smaller under imperfect competition.
B) The firm's return is at least as larger as the returns earned by other firms.
C) The firm's return is at least as larger as could be earned in another investment.
D) The firm's return is negative, which initiates stronger competition among firms in the market.