Which of the following is the fourth step of the "Six Steps in Decision Making"?
A) Select one of the mathematical decision theory models.
B) List the possible alternatives.
C) Apply the model and make your decision.
D) List the payoff or profit of each combination of alternatives and outcomes.
E) Identify the possible outcomes or states of nature.
D
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In a trade show, a buyer who is trying to solve a specific problem with a product choice is a(n):
A) information seeker B) reinforcement seeker C) solution seeker D) education seeker
On July 1, 2018, Mason & Beech Services issued $33,000 of 10% bonds that mature in five years. They were issued at par. The bonds pay semiannual interest payments on June 30 and December 31 of each year. On December 31, 2018, what is the total amount paid to bondholders?
A) $1650 B) $3300 C) $825 D) $1100
A member of a sales team speaks out against an intentionally unethical treatment of a customer even though the other members of the team strongly encourage silence. This person is likely to have ______.
a. a low moral awareness b. a high moral identity c. ambiguous ethical beliefs d. low ethical intuition
Which of the following types of analysis focuses on an evaluation of whether the options available to the manager impact any of the fundamental ethical duties of the manager?
a. Stakeholder analysis b. Utilitarian goal-based analysis c. Government-based analysis d. Duty-based analysis