Identify a true statement about ethical decision making in business.
A. Ethical decision making should not rely on the personal values and principles of the individuals involved.
B. Employees only have to deal with situations that call for ethical decision making once they reach managerial positions within organizations.
C. At some point, every worker will be faced with an issue that will require ethical decision making.
D. Companies are legally obligated to cover all ethical decisions by internal rules and regulations.
Answer: C
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Fantasy and Stanley's are popular apparel stores. A Fantasy vendor has offered a Stanley's buyer an attractive discount on merchandise that had been returned to Fantasy by a different retailer. The Stanley's buyer realizes the high gross margin opportunity but refuses the offer nevertheless. Why?
A. The buyer wants to preserve Stanley's image as a fashion leader by not selling returned merchandise that could be out of season. B. Stanley's would be accepting unknown merchandise and could risk the purchase as becoming more problems than it is worth. C. Transportation costs would increase. D. By accepting additional merchandise, Stanley's would be paying the additional costs of carrying the merchandise. E. Accepting the excess merchandise could alter the terms of the purchase as well as delivery dates.
______ is the exchange of information, ideas, and processes verbally, either one-on- one or as a group, while ______ is also an important way of interacting because it allows for transmission of subtle messages through eye contact, vocal tone, and posture.
What will be an ideal response?
Clara, a receptionist, goes to work despite being sick to earn extra pay for not taking any sick leave. The extra pay she’ll receive is called:
a. sick leave rebate. b. benefit pay. c. well pay. d. sick-leave pay.
Solution criteria are the variables that drive your decisions. _________________________
Answer the following statement true (T) or false (F)