When someone uses the justice approach as a way to resolve an ethical dilemma, he or she seeks the greatest good for the most people
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: A decision maker who uses utilitarianism to resolve an ethical dilemma will choose the option that delivers the most good for the most people.
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______________________________ management is the combination of processes and procedures used to ensure the delivery of goods and services to customers at the lowest cost while providing the highest value to the customer
Fill in the blank(s) with correct word
If fixed costs are increased, then a breakeven analysis with an adjustment for profit will yield an increase in the number of sales or targeted sales units
Indicate whether the statement is true or false
Incremental changes require ______________, while larger more influential changes require _____________.
a. Less dedication, sustained passion b. More employee buy-in, leadership commitment c. Fewer resources, formal approval d. Numerous task forces, town hall meetings
Principles of lean include ______.
A. willingness of managers to impose strict controls on workers B. elimination of waste and inefficiency C. avoiding government regulation D. ensuring that only the most essential products are manufactured