Which of These Is a Core Value Underlying Business Practices

question 119

Multiple Choice

Which of these is a core value underlying business practices at IBM?

• A) fast failure in research and development
• B) honoring the contributions of important leaders
• C) rapid but sustainable growth
• D) influencing of popular culture
• E) innovation that matters for the company and for the world

Understand the sources and prevention strategies of violence in the workplace.

Understand the classification of costs based on their relationship to the production process and financial statements.

Comprehend cost behavior with changes in production volume and the identification of fixed and variable costs.

Recognize direct costs in the context of manufacturing and service environments.

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Definitions:

Deadweight Loss

A societal expense arising from market inefficiency, happening when there is a mismatch between supply and demand.

Equilibrium

A state in a market where the supply of a good matches its demand, resulting in stable prices.

Progressive Income Tax

A tax system in which the tax rate increases as the taxable amount increases, leading to higher earners paying a higher rate of tax on their income.

Equity

The concept of fairness or justice in the allocation of resources or treatment of individuals, or a term referring to ownership interest in a company through stocks.