Answer the following statements true (T) or false (F)
1. Ethics always give a clear answer to each moral question
2. One unethical decision can shut down a business and businesses associated with it
forever.
3. An ethical dilemma is defined as conflicts between two or more morally pleasant
alternatives.
4. The key to being an ethical person or organization is to consistently choose to do the
right thing.
5. There are three main ethical decision-making approaches: utilitarian approach, rights
approach, and objective approach.
1. false
2. true
3. false
4. true
5. false
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When using the AIDA approach to persuasion, the closing should
A) urge the audience to take the action you are requesting. B) provide additional evidence and detail not covered in the desire section. C) explain the steps needed to implement your ideas. D) help the audience imagine how the solution might benefit them. E) get the audience's attention.
________ compensate retailers for prominently displaying and promoting goods
A) Display allowances B) Off-invoice allowances C) Stocking allowances D) Rebates
Lightfoot, Inc, is an international shoe company that specializes in retailing medium-priced goods. Retail outlets are located throughout the world. Management wishes to create an image of giving the customer the most quality for the money spent
Selling prices are developed to attract customers away from competitors. End-of-the-month sales are a regular practice for all stores, with customers being accustomed to this practice. Company buyers are carefully trained and look for quality goods at lower prices. Competitors' prices are checked daily. Sales are targeted to increase a minimum of 7 percent per year. All sales yield a 12 percent return on assets. Sales personnel are expected to wear the company product, as well as appropriate clothing in order to properly display the product being sold. Personnel can purchase the shoes at 5 percent over cost. Cleanliness and professional appearance are required for all stores. Identify the pricing policy objectives of this company.
The difference between the actual wages paid to employees and the standard wages for all hours worked is the labor efficiency variance
Indicate whether the statement is true or false