A business owner might believe it is morally wrong to pay overseas workers low wages and decide to close down his U.S.-based company rather than betray his principles. This example is related to which ethical decision-making approach?

What will be an ideal response?


Rights approach

Business

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The president of Christmas Corporation donated a building to Tuesday Corporation. The building had an original cost of $675,000, a book value of $255,000, and a fair market value of $475,000. The journal entry by Tuesday Corporation to record this donation will include a

A) debit Building for $255,000 and credit Gain for $255,000. B) debit Building for $475,000 and credit Gain for $200,000. C) debit Building for $475,000 and credit Gain for $475,000. D) debit Building for $675,000 and credit Gain for $200,000.

Business

Asian workers are projected to be about what percentage of the workforce by 2050?

A. 2 percent B. 8 percent C. 14 percent D. 21 percent E. 34 percent

Business

What do many legal historians believe led to the development of modern international law?

A) The rise of the European nation-state B) Chinese dynastic law C) Roman law D) Trade law in the Middle Ages

Business

It is considered inefficient to use concept tests during the idea screening stage of the new-product development process.

Answer the following statement true (T) or false (F)

Business