Lance Armstrong says that he looked up the meaning of the word "cheat" in the dictionary when he was using performance-enhancing drugs (PEDs). The dictionary defined cheating as "using an unfair advantage in a competition." Mr. Armstrong believed that PEDs were used by his competitors and felt it was ethical to continue using them. Which rationalization did Mr. Armstrong use?
a. It's a gray area.
b. It could be worse.
c. Everyone does it.
d. I deserve this.
.C
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A vision or projection of the future is called a(n)
A. trend. B. forecast. C. contingency. D. strategy. E. opportunity.
The closing process involves reducing to zero the balance in each income statement account by debiting the revenue accounts and crediting the expense accounts, and transferring to Retained Earnings the differences between total revenues and total expenses
Indicate whether the statement is true or false
Explain the IRAC method of case analysis
What will be an ideal response?
Answer the following statement(s) true (T) or false (F)
1. Supplier participation in product design is often referred to as early supplier involvement. 2. The use of concurrent engineering is widely viewed as a significant competitive advantage. 3. Product packaging is likely to be of little importance when considering sustainability. 4. Products that can be easily recycled generally create positive impressions among consumers. 5. Closed or partitioned workspaces are becoming increasingly common.