Creative Graphics Is a Small Printing Company That Has Just

question 48

Multiple Choice

Creative Graphics is a small printing company that has just moved into a building in a new industrial park.The owner of the company believes everyone should do his or her part to keep the earth green.He wants to landscape the front of the building and build an employee picnic area on the side.When looking for a landscaper,the company owner looked no further than his own customer list.He chose to buy the services of a landscaper that had hired Creative Graphics to print a recent promotional brochure.The purchase by Creative Graphics is which of the following?

• A)an example of nested demand.
• B)an example of an illegal influence.
• C)a normal business practice called reciprocity.
• D)unethical by all standards.

Grasp the concept and calculation of residual income.

Comprehend the importance of turnover in evaluating divisional performance.

Understand how sales, gross margin, and net operating income influence an organization's financial performance.

Recognize the distinction between profit centers, investment centers, and cost centers.

---

Definitions:

The Internet

A global network of interconnected computers and servers allowing for vast information exchange, communication, and digital activities.

Ethics

A branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong conduct.

Law

A system of rules that are created and enforced through social or governmental institutions to regulate behavior.

Social Responsibility

The ethical framework suggesting that individuals and companies have an obligation to act for the benefit of society at large.