What are the steps in conducting an ethical analysis?
What will be an ideal response?
The steps are: (1 ) Identify and describe clearly the facts; (2 ) define the conflict or dilemma and identify the higher-order values involved; (3 ) identify the stakeholders; (4 ) identify the options that you can reasonably take; and (5 ) identify the potential consequences of your options.
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Answer the following statements true (T) or false (F)
1. Target profit is the operating income that results when sales revenue minus variable and fixed costs equals management's profit goal. 2. Companies can use the contribution margin ratio approach to compute required sales in terms of units rather than in sales dollars. 3. The sales required to achieve a target profit can be determined by using the contribution margin, contribution margin ratio, or break even approaches. 4. The sales level at which operating income is zero is called the breakeven point. 5. The breakeven point represents the sales level at which the company's operating income is zero.
Doris and Daniel work for AAA fitness centers. Doris is the CEO and Daniel is the head of marketing. They are working on a big ad campaign to get new members to join their gyms. Doris calls Daniel and tells him to spend $15,000 on TV ads. Daniel has not eaten for over 12 hours so he is having trouble concentrating on the conversation. As a result, Daniel thinks he hears Doris say "$50,000" on TV ads. Doris would be considered what part of the communication model?
a. Sender b. Encoder c. Reciprocal transfuser d. Receiver
The doctrine under which the trademark holder has no right to control goods after it sells them in commerce is referred to as:
a. the trademark dilution doctrine. b. the exhaustion doctrine. c. the gray market doctrine. d. the loss of control doctrine.
If A and B are independent events with P(A) = 0.2 and P(B) = 0.6, then P(A ? B) =
a. 0.62 b. 0.12 c. 0.60 d. 0.68