Consequences or justifications always override every other consideration when comparing alternatives for ethical decision making.
Answer the following statement true (T) or false (F)
False
Sometimes, matters of principles, rights, or duties override consequences when comparing alternatives for ethical decision making. In a business setting, the duties associated with a decision maker's position in the company can sometimes be the priority when comparing alternatives.
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A company produces 1000 packages of chicken feed per month. The sales price is $5 per pack. Variable cost is $1.50 per unit, and fixed costs are $1800 per month. Management is considering adding a vitamin supplement to improve the value of the product. The variable cost will increase from $1.50 to $1.80 per unit, and fixed costs will increase by 20%. The CEO wants to price the new product at a level that will bring operating income up to $3000 per month. What sales price should be charged? (Round your answer to the nearest cent.)
A) $3.50 B) $6.96 C) $5.00 D) $3.20
Regardless of the size of the coupon payment, the price of a bond moves in the opposite direction to interest rate movements. For example, if interest rates rise, bond prices fall.?
Answer the following statement true (T) or false (F)
Funds that are available in a company's bank account until its payment check has cleared refers to
A) processing float. B) mail float. C) transit float. D) disbursing float.
Madison announced to her family last night that she wanted a pair of inline skates. Her sister Bailey said she thought it was a stupid idea. Their mother, Wanda, said Madison deserved a special treat for winning the science fair. Because her father Ned said nothing, Madison knew she was not getting the skates. In terms of the roles played by family members in the consumer decision-making process:
A. Madison was the initiator, and Ned had no role at all. B. Bailey was the initiator, and Wanda was the decision maker. C. Madison was an influencer, and Wanda was the decision maker. D. Madison was the initiator, and Ned was the decision maker. E. Madison was the initiator, and Bailey had no role at all.