In Which of the Following Situations Is It Prudent to Conduct

question 59

Multiple Choice

In which of the following situations is it prudent to conduct a feasibility study?

• A) When asked to appraise the performance of a non-performing employee
• B) When asked to create an inventory report for the previous quarter
• C) When asked to present the sales reports of previous years
• D) When asked to determine the cause of failure of a newly launched product
• E) When asked to determine if the company should replace its five-day, 40-hour work week with a different schedule

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Definitions:

Types

Different categories or varieties of objects, concepts, or entities distinguished by specific attributes or characteristics.

Wheeler-Lea Act

A U.S. law passed in 1938 that amended the Federal Trade Commission Act to prohibit unfair or deceptive acts or practices in commerce.

Fine

A fine is a monetary penalty imposed as a punishment for an infraction, denial of a rule, or a criminal offense, often paid to a governmental or regulatory authority.

Clayton Act

A U.S. antitrust law, enacted in 1914, aimed at increasing economic competition and preventing corporate behaviors that could lead to monopolies or restrain trade.