The management of an organization follows the ideology that if they work keeping in mind the company's own economic self-interest, the total wealth of the society will be maximized. Which of the following best describes the ethical system used by this organization?

A. utilitarianism
B. relativism
C. ethnocentrism
D. egoism
E. universalism


Answer: D

Business

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A(n) ______________________________ cost is one that is directly attributable to the system or the system change

Fill in the blank(s) with correct word

Business

A less expensive way to get training for one or two key people is to _______.

a. produce a specially tailored in-house program b. send them to a university program c. fire them d. talk to them about what they could do better

Business

Define power and influence and provide an example of each.

What will be an ideal response?

Business

A form of organization characterized by lateral decision processes, horizontal networks, and a strong corporatewide business philosophy is a ______________ corporation.

Fill in the blank(s) with the appropriate word(s).

Business