According to integrated social contracts theory, the ethical standards a company should try to uphold
A. are governed by the school of ethical universalism.
B. should be determined by the company's moral managers.
C. should be absolute and avoid wiggle room according to the circumstances of the situation.
D. are governed by each country's Code of Required Ethical Conduct, which sets forth that each individual/group/business/organization has a "social contract" to observe the ethical and moral standards that the country has adopted.
E. are governed both by a limited number of universal ethical principles and the circumstances of local cultures, traditions, and shared values.
Answer: E
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Which of the following statements about budgeting is false?
A. Budgeting forces managers to think ahead and formalize future objectives. B. The master budget should only be prepared by top management. C. Budgets create standards for performance evaluation. D. Budgeting is an aid to planning and control. E. Budgets help coordinate the activities of the entire organization.
Multiproduct break-even analysis calculates the ________ of each product, ________ it in proportion to each product's share of total sales
Fill in the blanks with correct word
Which of the following is NOT a part of a patent application?
a. The specifications b. The claims c. The drawings d. The declaration of prior art
When a coffee chain in Portland, Oregon purchases coffee from Colombia, South America, it
A. is importing the coffee. B. is exporting the coffee. C. has an absolute advantage. D. is decreasing the balance-of-trade deficit. E. is making a big mistake.