An Owner of a Small Publishing Company Allowed a Friend

question 50

Multiple Choice

An owner of a small publishing company allowed a friend who was starting a machine embroidery business to load the publishing company's copy of Microsoft Word onto the friend's computer.This activity is

• A)both legal and ethical.
• B)caveat emptor.
• C)illegal but ethical.
• D)both illegal and unethical.
• E)sanctioned by the Business Software Alliance since only one copy was transferred.

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Definitions:

Production Process

A sequence of steps or operations involved in the manufacture of goods or the delivery of services.

Minimum Efficient Scale

The smallest scale of production a firm can achieve while still taking full advantage of economies of scale.

Production Expertise

Specialized knowledge or skills in the process of creating goods or services.

Price Estimates

Approximations of the cost or value of a product or service, typically provided before a sale or project initiation.