The strength of the beliefs underlying ethical universalism is that
A. ethical universalism recognizes significant variation in basic moral standards according to local cultural beliefs, local religious beliefs, and social mores.
B. it leaves room for thinking that concepts of right and wrong can be varying shades of gray.
C. what is deemed right or wrong, fair or unfair, moral or immoral, ethical or unethical is (or should be) grounded in religious doctrine and applied strictly to all business situations.
D. ethical standards are objectively determined by religious and moral experts.
E. it draws upon the collective views of multiple societies and cultures to put some clear boundaries on what constitutes ethical business behavior and what constitutes unethical business behavior no matter what country or culture a company is operating in.
Answer: E
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Which of the following is most likely true about shoppers who prefer to shop at lifestyle centers?
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Which of the following is not a latent need?
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If Taylor Willow, the sole stockholder of Willow Hardware, uses cash of the business to purchase a family automobile, the business should record this use of cash with an entry to:
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Odin Avionics makes aircraft instrumentation
Its basic navigation radio requires $90 in variable costs and $2,000 per month in fixed costs. Odin sells 30 radios per month. If the company further processes the radio, to enhance its functionality, it will require an additional $25 per unit of variable costs, plus an increase in fixed costs of $800 per month. The current sales price of the radio is $260. The marketing manager is sure that Odin can charge a higher sales price for the improved version. At what sales price level would the new, improved radio begin to improve operating earnings? (Round to the nearest whole dollar.) A) at a sales price higher than $312 B) at a sales price of $260 C) at a sales price lower than $260 D) at a sales price of $375