The chapter discusses a number of different ethical theories or approaches to decision making. Discuss the potential dangers of relying solely on one theory or approach
In relying on only one approach, a decision maker may be blind to potential problems. For example, a strict utilitarian analysis may lead to consequences that are socially unacceptable (the standard example being that a drug which cures 95% of the people but creates a much slower and painful death for the other 5% would be approved under a utilitarian analysis but may not be acceptable to the population). A strict values based decision may lead to great financial losses.
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Julia really doesn't like her new boss and is not happy with the new tasks she's been assigned and the long hours she's been working. Still, she truly believes in what the company is trying to accomplish. Julia has
A. poor job performance. B. low job involvement. C. low organizational commitment. D. poor job enrichment. E. low job satisfaction.
Adverse weather, design flaws, and equipment breakdown can create negative slack. This is an example of reducing project duration caused by
A. Imposed project deadlines. B. Time to market. C. Unforeseen project delays. D. High overhead. E. Incentive contracts.
A _______ is the set of tools and processes a firm uses to identify, attract, and retain customers and to leverage its relationships with customers
a. customer relationship management (CRM) system b. customer database c. market database d. prospecting plan
Why is the traditional project management approach less effective when project scope and technology are not well known?
Fill in the blank(s) with the appropriate word(s).