1. The employees of Abs "R" Us, which includes 12 fitness parlors in and around the metro area, feel they can improve the performance of the company. This would be called a ______ buyout.
A. Leveraged C. Negotiated
B. hostile D. Management
Answer: A
2. According to the influential economist Milton Friedman, corporate social responsibility is primarily based on
A. meticulous care of the environment
B. making money for shareholders
C. repudiating insider trading
D. making safe, high-quality products for consumers
Answer: B
3. As derived from the Markkula Center for Applied Ethics, which of the following should be one of eight guiding principles?
A. Compliance with the law in every situation
B. Doing good to those who deserve it
C. Respect for property
D. Preventing harm to others and to the world around us
Answer: C
Can someone please check my answers?
Sure! I can help you check your answers.
1. The correct answer is A. Leveraged buyout. In order to confirm this answer, you would need to understand the definition of a leveraged buyout, which is a transaction where a company is acquired using a significant amount of borrowed money to meet the cost of acquisition.
2. The correct answer is B. Making money for shareholders. To verify this answer, you could refer to the views of economist Milton Friedman, who argued that the primary responsibility of a corporation is to maximize profits for its shareholders.
3. The correct answer is C. Respect for property. To validate this answer, you would need to refer to the Markkula Center for Applied Ethics and their guiding principles, which may include respecting property rights as one of the ethical principles.
Please note that I am providing guidance on how to verify your answers, but I do not have direct access to the specific sources or materials you mentioned.