Reference no: EM132185566
1. Which of the following is a difference between goods and services?
a. Goods are not protected by patents, whereas services are protected by patents.
b. Goods are tangible, whereas services are intangible.
c. The demand for goods is difficult to predict, whereas the demand for services is easy to predict.
d. Goods cannot be stored as physical inventory, whereas services can be stored as physical inventory.
2. Specifications for a piece of material used in the manufacture of a bed mattress require that the piece be between a Lower and Upper value (in inches) centered around the process mean. The process that produces the piece yields a mean of 83 and a standard deviation of 0.9 inches. The distribution of output is normal. Within what values will 85.98 percent of sample means fall, if samples of n = 9 are taken and the process is in control?
82.557 , 83.442
82.114 , 83.885
81.672 , 84.327
80.787 , 85.212
None of the Above
3. Why is the case of Larsen v. General motors corporation, 391 F.2d 495 (1965) important in product liability law?
4. How can we balance freedom of individual action with the need to sustain our environment?
5. What benefits do labor unions provide employees? Have you ever belonged to a labor union? If so, how did membership benefit you? If not, how do you think that a union could benefit you? Discuss.