The framing bias makes specific predictions about how people will behave when faced with a sure course of action versus a gamble.Which of the following best describes the effects of the framing bias?

A) People are risk-averse (i.e.,preferring a sure thing) for both gains and losses.
B) People are risk-seeking (i.e.,preferring a gamble) when choosing among gains and losses.
C) People tend to be risk-averse when choosing among gains,but risk-seeking when choosing among losses.
D) People tend to be risk-seeking when choosing among gains,but risk-averse when choosing among losses.

All other things the same, an increase in unit sales will normally result in an increase in the return on investment.

Environmental Concerns.Connie,the president of a company that makes paper,has a new interest in the environment.She recently went to a seminar on environmental dangers and has decided to take steps to clean things up.She started at home and was also committed to change things at work.Connie had to face the fact that her company has been cheating and is not in compliance with applicable environmental regulations due to dumping in a nearby river.Her company has never been cited,however,because it employs a very large number of people in the community,including the mayor's wife and the chief-of-police's brother.On her mission to clean things up,Connie has decided to go even further than the law requires and install the very latest environmental protections.When she announced her plan,the chair of the company's board of directors,Brooke,had a meeting with Connie.Brooke told Connie to analyze the situation carefully because the cost of the additional equipment would mean no dividend to shareholders and no raise for employees.Furthermore,Brooke told Connie that installing all the new equipment would result in higher prices for the company's paper products and could bankrupt the company because of foreign competition.Brooke hinted that Connie could be fired if she persisted.Brooke suggested that Connie just be concerned with a minimal standard of ethics.Which of the following is the minimal standard that a business must meet in a consideration of business ethics?

A) Decisions must be legal.
B) Decisions must meet the criteria of a follower of the WPH Framework for Business Ethics.
C) Decisions must meet the requirements of the most important stakeholders.
D) Decisions must receive a majority vote of acceptance by employees.
E) Both that decisions must be legal and that decisions receive a majority vote of acceptance by employees.

A survey of employee satisfaction among a county's 9-1-1 dispatchers found that employees struggle to keep up with calls, feel little or no control over their situation, and constantly worry about making mistakes. A suggestion is made to simplify the jobs in order to deal with these sources of dissatisfaction. Why would simplifying the jobs be beneficial in this case?

A) The employees face few challenges already.
B) The costs of employee errors are severe.
C) The scope for employee errors is minimal.
D) The employees do not engage in multitasking.
E) The information-processing requirements of the job are minimal.

If no one can be prevented from using good x, then good x is one of two types of goods. What are those two types?

What is Marino's total asset turnover?

A) 12.0
B) 8.33
C) 0.42
D) 2.4