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Red blood represents blood that is carrying a lot of ___________.

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Process quality can be measured by two things. What are they? What is the difference between effectiveness and efficiency?

Which of the following situations would most likely encourage a firm's managers to make decisions that are in the best interests of shareholders?a.The state legislature passes a law that makes it more difficult to successfully complete a hostile takeover.b.The percentage of the firm's stock that is held by institutional investors such as mutual funds, pension funds, and hedge funds, rather than by small individual investors, rises from 10% to 80%.c.The firm's founder, who is also the president and chairperson of the board, sells 85% of her shares.d.The firm's board of directors gives the firm's managers greater freedom to take whatever actions they think best without obtaining board approval.e.The percentage of executive compensation that comes in the form of cash is increased and the percentage coming from long-term stock options is reduced.

Which of the following statements about legal and ethical issues is CORRECT?a.Ethics is not an important consideration in business and in business schools.b.If a lower level person in a firm does something illegal, like "cooking the books," to understate costs and thereby artificially increase profits because he or she was ordered to do so by a superior, the lower level person cannot be prosecuted but the superior can be prosecuted.c.There are many types of unethical business behavior. One example is when executives provide information that they know is incorrect to outsiders. It is illegal to provide such information to federally regulated banks, but it is not illegal to provide it to stockholders.d.If someone deliberately understates costs and thereby causes reported profits to increase, this can cause the stock price to rise above its intrinsic value. The stock will probably fall in the future. Both those who participated in the fraud and the firm itself can be prosecuted.e.Ethical behavior is not influenced by training and auditing procedures. People are either ethical or they are not, and this is what determines ethical behavior in business

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