Define values and outline how they relate to ethical decision-making and behavior.
What will be an ideal response?
Values = desirable goals, guiding principles. Determine priorities, standards to determine right from wrong.
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Pilot Company reported the following information for 2016 and 2017. Prepaid insurance, December 31, 2016 $ 2,400 Prepaid insurance, December 31, 2017 1,500 Insurance expense—2017 14,200 How much cash was paid for insurance during 2017?
a. $13,300 b. $14,200 c. $15,100 d. $15,700
For which of the following products would a customer's level of satisfaction with the purchase MOST likely change over time?
A) coffee B) mouthwash C) a car with unexpected service needs D) a pair of jeans E) a DVD
The ethical principle of Universalism states that if an action is not right for all situations, then it is not right for any situation.
Answer the following statement true (T) or false (F)
Which of the following is an indirect cost of manufacturing scooters?
A. Wheels. B. Assembly worker employee benefits. C. Brakes D. Scooter assembly wages. E. Supervisor salary.