Commissions are normally one-off lump sums paid toemployees who haveperformed well. *O TrueO FalsePublic relations involve effortsto establish and maintain agood image for a company andits products with the generalpublic. *TrueO False58

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Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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David works for Wool garments company as a production manager. He often participates in the annual budgeting process of the company. David is requested by the Chief Executive Officer Linda to submit his department’s budgeted production for the following year. Linda reviews and typically adds 10 percent to the production budget provide by David. The new amount becomes David’s target production level for the following year. David can receive a cash bonus if his department exceeds the projected production level. 3. Suggest what should be done to prevent a manager from providing inaccurate budgets which can easily achieved.
Which of the following is the most accurate statement about the duty of loyalty? A. It obligates people in fiduciary relationships or positions of trust to act with the skill and attention normally exercised by ordinary prudent persons in similar positions. B. It obligates people in fiduciary relationships or positions of trust to act in their own best interest. C. It obligates people in fiduciary relationships or positions of trust to a duty of derivation. D. It obligates people in fiduciary relationships or positions of trust to a act in the best interest of their beneficiary.
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A cover letter that accompanies a resume is the applicant's opportunity to explain what they are looking for in a career position. This is the perfect companion to the resume which shows that the candidate is qualified for the position. True ○ False
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Commissions are normally one- off lump sums paid to employees who have performed well. True O False