In Ethics for the Real World, Ronald A. Howard and Clinton D. Korver warn when creating a corporate code of ethics, to watch out for several failure factors when drafting an ethical code including all of the following EXCEPT ___________.
a. confusing prudential and ethical issues.
b. using loaded language.
c. basing ethics on competitors and what fits the corporation.
d. writing vague standards.
c. basing ethics on competitors and what fits the corporation.
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A service company earns net income by buying and selling merchandise.
Answer the following statement true (T) or false (F)
A statute of repose places an absolute limit on when a lawsuit may be filed regardless of when the defect is discovered
a. True b. False Indicate whether the statement is true or false
A recent meeting of the Council of Supply Chain Management Professionals featured an executive from Dell, which is known for its ability to customize computers to customers' needs as well as their ability to provide quality products at economical prices through their retail channel. The executive discussed the firm's capabilities regarding the ability to produce products that are "built-to-order" and noted that recent customer insight showed customers were less willing to wait 7 to 10 days to receive their computer even though it was built to their specifications. As a result of this customer trend, Dell began forging relationships with retailers such as Walmart to provide a limited number of computer models in the retailers' stores. In order to fulfill the orders to Walmart, Dell was
required to make changes in its production and manufacturing such as holding more products in inventory and utilizing different modes of transportation. For example, Dell was able to shift from a focus on air transportation to over-the-road trucking, which enabled it to cut costs in some areas. As Dell shifted from a "build-to-order" manufacturer to a "make-to-stock" manufacturer, it also had to make investments in customer analytics to identify customer needs as well as collect insight regarding pricing. This customer insight was especially important to the retail partners like Walmart, which requires its vendors to justify product stock decisions and provide proof that retail inventory will sell at the projected price points. Dell's ability to modify its business model by forging relationships with retailers such as Walmart as well as customer insights has helped the company achieve its revenue and profitability goals. ? Which variable of the marketing mix is most affected by Dell's decision to become a "make-to-stock" manufacturer? ? A. Product variable B. Pricing variable C. Distribution variable D. Promotion variable
Discuss the steps that organizations take to protect their data against hard drive failures and electrical power interruptions or outages.
What will be an ideal response?